Better benefits management, introduction of Part E could improve Medicare
Managing Medicare benefits based on the value they provide beneficiaries, rather than simply cutting costs, would be a better approach in terms of healthcare reform, said Dr. Robert Berenson at a recent policy forum hosted by America's Health Insurance Plans. Better fraud and abuse recognition is also needed to reduce costs and improve services, he said.
A more efficient Medicare program would also include the Medicare Part E concept, Berenson said. Part E would provide catastrophic coverage, which would improve cost-sharing, he said. With Part E, some beneficiaries might no longer need to purchase supplemental medigap insurance, according to AMNews.