Managed Healthcare Executive March 13, 2024
93% of customers are “satisfied” or “very satisfied” with their coverage this year.
Medicare Part C, otherwise known as Medicare Advantage, is offered by private insurance plans contracted by the federal government. They typically offer prescription, vision and dental coverage as well. Some plans even offer gym memberships and debit cards for over-the-counter medical supplies, according to KFF.
For these reasons and more, Medicare Advantage enrollment is on the rise. It now accounts for 51% of all Medicare beneficiaries. In 2007, nearly two decades ago, only 29% of eligible customers chose Medicare Advantage, according to KFF. At the current rate, The Commonwealth Fund estimates that by 2030, 42 million beneficiaries will be enrolled in Medicare Advantage.
A recent survey of...
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