The 2023 benefit landscape in the Medicare Advantage (MA) market includes an increase in the number of beneficiaries covered by plans offering combined benefits up to a maximum amount—known as a combined benefit limit, or “combo” benefit. Using Milliman MACVAT®, a tool providing a comprehensive benefit summary of individual MA plans, we analyzed 2023 plans to determine the breadth of combo offerings available. This article provides a summary of 2023 combo benefits in the comprehensive nationwide MA market. With respect to combined benefit packages, the article discusses:
- Overall coverage
- Benefit prevalence
- Considerations for bid strategies