Fierce Healthcare February 25, 2022
A new study found for-profit health plans are continuing to claw away at market share of nonprofit and Blues plans in 2022.
Medicare Advantage plans signed up another 2.3 million beneficiaries for the 2022 coverage year, with the program now making up 45% of all Medicare enrollment, a new study found.
The Chartis Group released a study Friday that found total 2022 enrollment in Medicare grew by 1 million beneficiaries, a spike of 1.6% over 2021. MA plans added 2.3 million beneficiaries overall, with part of that growth coming at the expense of 1.3 million people transitioning from traditional Medicare to MA.
“The magnitude of this shift is stark—while Medicare Advantage enrollment has been robust, original Medicare...