While so many nursing home trends have been altered by the pandemic, one has interestingly stayed in line with pre-pandemic statistics: Medicare Advantage’s (MA) growth trajectory.
MA is still expected to cover 52.9% of all Medicare beneficiaries by 2031, according to Fred Bentley, managing director at ATI Advisory. Bentley spoke about Medicare’s evolution and its emerging opportunities for senior care innovators at the 33rd annual National Association at the Support of Long Term Care (NASL) meeting in Nashville on Sunday, when the organization also announced that it is rebranding and will be known as Advion going forward.
Currently, the national average of MA beneficiaries is 46%; 31 states are north of 40%, Bentley said.
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