Business Wire December 3, 2024
MCMURRAY, Pa.–(BUSINESS WIRE)–In the latest analysis brief, Mark Farrah Associates (MFA), provided insights about the current employer-group Medicare Advantage (MA) market and assessed membership trends by carrier and state. As of November 1, 2024, almost 280,000 more beneficiaries were enrolled in employer-group MA plans than in December of 2023, a 5.2% increase according to the Centers for Medicare and Medicaid Services (CMS) Medicare Advantage enrollment reports aggregated by Mark Farrah Associates in Medicare Business Onlineā¢.
- As of November 1, 2024, MFA reported nearly 5.7 million members were enrolled in employer-group Medicare Advantage plans, or Medicare Advantage employer-group waiver plans (MA-EGWPs).
- The top five carriers covered 85% of all group Medicare Advantage enrollees as of November 1, 2024, with...