The number of Medicare enrollees will increase by approximately 15 million over the next eight years, bringing the total number to 76 million individuals by 2029.
What does that mean for healthcare finance leaders when it comes to maximizing revenue with this population? Presented here are three considerations for healthcare finance leaders as they look to expand revenue streams and tap into a growing population of insured Medigap patients.
- Differentiate Medigap patients versus Medicare Advantage patients as it relates to demographics, outcome scores and risk of bad debt
- Explore a strategic approach to maximizing Medigap market share while also helping seniors maintain Medigap insurance coverage
- Realize direct financial impact Medigap patients have on hospital revenue and other ancillary benefits