Fierce Healthcare February 23, 2023
Medicare Advantage plans saw 5.5% enrollment growth for the 2023 coverage year, which is a decline compared to the 9% they got in 2022. (Getty Images)
Medicare Advantage (MA) sign-ups this year increased by 5.5% compared to the year before, a far cry from the 9% growth the program experienced in 2022, according to a new analysis.
But experts say enrollment growth may just be returning to more normal, pre-pandemic levels.
The Chartis Group released an analysis Tuesday on MA enrollment for 2023 and found that larger for-profit plans are taking up more market share at the expense of their nonprofit counterparts. Experts said that while the growth wasn’t as strong as in prior years, it isn’t...
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