Fierce Healthcare March 5, 2024
Medicare Advantage (MA) growth has broadly slowed, but the biggest players in this space continue to claim the lion’s share of this expansion, according to a new report from healthcare consultant Chartis.
The analysis found that 1.7 million lives were added to the MA rolls for the 2024 plan year, and, of those, 1.4 million, or 86%, were captured by the three largest insurers in this segment: UnitedHealthcare, Humana and Aetna. Aetna, in particular, had a strong showing during the annual enrollment period, adding 476,000 enrollees, or 60% of those who signed up during that window.
UnitedHealth and Humana also grew during the annual enrollment period, according to the report, but at a rate below that of the period overall...
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