Employer Group Medicare Advantage Membership Trends by Mark Farrah Associates
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 Online™.
- 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...