Fierce Health Payers May 21, 2021
Medicare Advantage enrollment has swelled to 26 million individuals as of early 2021, an increase of nearly double over the past decade, a new report finds.
The report, released Thursday by the advocacy group Better Medicare Alliance, also showed that MA beneficiaries spent $1,640 less on healthcare costs than those in traditional Medicare. The report comes as insurers are increasingly bolstering their MA business.
“This report is a testament to the importance of continued stability and support from policymakers—both for the 26.5 million beneficiaries who choose Medicare Advantage now, and the additional 10,000 Americans who age into Medicare every day,” said Better Medicare Alliance President and CEO Allyson Schwartz in a statement.
The report found that MA enrollment made up...
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