Beneficiaries who enroll in Medicare Advantage private fee-for-service (PFFS) plans can face significant financial risks, said the Government Accountability Office (GAO) in a report.
Medicare Advantage, an alternative to the original Medicare fee-for-service program, allows a variety of private plans, including PFFS plans, to provide Medicare benefits to enrollees. Medicare Advantage enrollment has grown from about 4.7 million beneficiaries in June 2004 to 9.6 million in June 2008, with 45% of this enrollment growth occurring in PFFS plans.
Mitka M. Medicare (Dis)Advantage?. JAMA. 2009;301(6):590. doi:10.1001/jama.2009.86