Faegre Drinker Consulting, in partnership with the Health Plan Alliance (Alliance) and the Wakely Consulting Group, announced its Medicare Advantage (MA) Supplemental Benefits Consortium for Plan Year 2023, including 30 provider-sponsored and regional health plans.
According to the Alliance, the Consortium will provide a forum for health plans to evaluate potential supplemental benefits for MA plans and provide resources to assist plans with implementing them. This year’s model will feature greater member-to-member collaboration and interaction with vendors that offer the selected benefits.
“The Consortium’s value proposition is very simple. Members gain access to more new ideas and expertise collectively than any one plan would ever purchase individually,” said Faegre Drinker Consulting Principal Mike Adelberg. “We took on a number of unconventional benefits last year and look forward to pushing the envelope further this year,” he added.
Adelberg is the leader of Faegre Drinker Consulting’s health care strategy practice. He brings unique insights into the processes, policies and people driving the major government health care programs — Medicare, Medicaid and “Obamacare” (the Affordable Care Act) — that provide health care to nearly half of all Americans.
Consortium activities will begin in July and continue through the end of 2021.