Encore: Why Medicare Advantage Premiums Can Be So Low, and Who Really Pays for It
From the archive: this episode first aired as Value Health Voices' debut, recorded in October 2024. Figures reflect that time. How can a Medicare Advantage plan charge seniors a $0 premium? Value Health Voices follows the money behind Medicare Advantage, from the federal payments insurers collect to the denials hospitals are pushing back on. In the show's first episode, re-released here, Dr. Anthony Paravati and Dr. Amar Rewari, both radiation oncologists and physician executives, walk through how Medicare Advantage works and why it has become the more popular choice for seniors in much of the country. They draw on their own work with commercial insurers, payment models and hospital contracting. They cover how plans keep costs down with narrow networks and utilization management; the three revenue streams that fund the extra benefits, from the benchmark-bid spread to risk adjustment and star-rating bonuses; and what that means in real dollars, with Medicare Advantage margins running about double those of commercial plans. They also weigh which seniors Medicare Advantage suits, and why the new prior authorization rule leaves claim denials and slow payment unresolved. Resources: KFF: Medicare Advantage enrollment update and key trends: https://www.kff.org/medicare/medicare-advantage-in-2026-enrollment-update-and-key-trends/ Medicare.gov: Compare Original Medicare and Medicare Advantage: https://www.medicare.gov/basics/get-started-with-medicare/get-more-coverage/your-coverage-options/compare-original-medicare-medicare-advantage CMS: Interoperability and Prior Authorization Final Rule: https://www.cms.gov/newsroom/fact-sheets/cms-interoperability-and-prior-authorization-final-rule-cms-0057-f Connect with us: Website: https://www.valuehealthvoices.com/ YouTube: https://www.youtube.com/@ValueHealthVoicesPodcast Apple Podcasts: https://podcasts.apple.com/us/podcast/value-health-voices/id1777493904 Spotify: https://open.spotify.com/show/0cxnf4Il3QK3cvFFKxwPWL Instagram: https://www.instagram.com/valuehealthvoices LinkedIn: https://www.linkedin.com/company/value-health-voices/ X: https://x.com/ValHealthVoices TikTok: https://www.tiktok.com/@valuehealthvoices Newsletter: https://www.valuehealthvoices.com/newsletter

