Nursing

Context (archaeology)

Health care

Biology

Public health

Actuarial science

Microeconomics

Social psychology

Population health

Inefficiency

Medicaid

Economics

Adverse selection

Payment

Business

Paleontology

Psychology

Public economics

Medicine

Disappointment

Economic growth

Finance

Medicare Advantage

Milbank Quarterly

Medicare Part C, or Medicare Advantage (MA), now almost 30 years old, has generally been viewed as a policy disappointment. Enrollment has vacillated but has never come close to the penetration of managed care plans in the commercial insurance market or in Medicaid, and because of payment policy decisions and selection, the MA program is viewed as having added to cost rather than saving funds for the Medicare program. Recent changes in Medicare policy, including improved risk adjustment, however, may have changed this picture.

How Successful Is Medicare Advantage?