Medicare Advantage continues to grow with largely bipartisan support, and L. Medicare Advantage is one of the rare products in the U. Payers, providers and investors should prepare for a future in which Medicare Advantage is the predominant Medicare product offering. While its penetration growth has been notably measured in the past 10 years, rising just 1. When we published our first Executive Insights in this series in , the Trump administration was still in its first year and the future of the ACA was a topic of frequent debate. As recently as March , a group of U.
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Access the Medicare Advantage Penetration Report
Medicare Advantage plans have played an increasingly larger role in the Medicare program over the past decade. This collection provides updated information about Medicare Advantage enrollment trends, premiums, and out-of-pocket limits. Figure 1: Total Medicare Advantage Enrollment, in millions. Between and , total Medicare Advantage enrollment grew by about 1.
Medicare Advantage plans have played an increasingly larger role in the Medicare program as the share of Medicare beneficiaries enrolled in Medicare Advantage has steadily climbed over the past decade. The trend in enrollment growth is continuing in , and has occurred despite reductions in payments to plans enacted by the Affordable Care Act of ACA. This Data Spotlight reviews national and state-level Medicare Advantage enrollment trends as of March and examines variations in enrollment by plan type and firm. It analyzes the most recent data on premiums, out-of-pocket limits, and quality ratings. Key findings include:.