November 8, 2022
  • The number of older adults enrolled in Medicare Advantage (MA) plans has more than doubled over the last decade to 28 million individuals in 2022, representing 45 percent of all eligible enrollees. By 2025, more than half of all eligible beneficiaries are expected to sign up for the MA program. Simultaneously, the number of plans has also grown. According to the Kaiser Family Foundation, last year, the average Medicare beneficiary had the choice of 39 MA plans, more than double the number available in 2017. The expansion has triggered more marketing activity, which also increases carriers’ potential for regulatory liability. (Article here)