Oliver Wyman February 29, 2024
National chains are pulling away when it comes to MA enrollment. Competitors need to make bold decisions on product offerings and membership to catch up.
Three national insurers continue to dominate the Medicare Advantage landscape. That should serve as a wake-up call to other carriers to act quickly if they want to close the gap. In fact, we see opportunities for plans that, among other things, target specific populations and enrich their product offerings.
That’s just one of the trends we uncovered in an analysis of newly released enrollment data from the Centers for Medicare and Medicaid Services. While initial 2024 enrollment data was published in January, CMS’ February data release offers a cleaner look at the results. Total MA...