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Expected Out-Of-Pocket Costs: Comparing Medicare Advantage With Fee-For-Service Medicare
Benedic Ippolito1, Erin Trish2, Boris Vabson3
1Benedic Ippolito (benedic.ippolito@aei.org), American Enterprise Institute, Washington, D.C.
Abstract:
We compared the generosity of Medicare plans in terms of out-of-pocket costs attributable to cost sharing and premiums, including both basic and supplemental services. From 2014 through 2019, projected out-of-pocket costs for a typical enrollee were 18-24 percent lower in Medicare Advantage than traditional fee-for-service Medicare.
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