Nearly a quarter of Medicare plans will offer enrollees financial assistance for food and produce.
Data: ATI Advisory; Note: Data includes benefits offered through both Special Supplemental Benefits for the Chronically Ill and Value-Based Insurance Design authority; Chart: Axios Visuals
The number of Medicare Advantage plans offering seniors help affording groceries has skyrocketed in the few years since it's become easier for insurers to offer an— about a quarter of the market — will offer certain eligible enrollees financial assistance for food and produce, according to anthrough Aetna and other health plans, offers food benefits in 234 of its MA plans, the most of any insurer. Elevance Health and Humana also each offer the benefits in around 200 of their plans.
A separate initiative through the Center for Medicare and Medicaid Innovation also allows plans to offer nonmedical benefits like food assistance to low-income enrollees.But the more generous benefit offerings are seen as a major draw for Medicare Advantage, which costs taxpayers more than the traditional program.
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