Becker's Healthcare December 4, 2020
As more Americans age into eligibility for Medicare, for-profit Medicare Advantage health plans are growing their enrollment much quicker than their nonprofit counterparts, according to a new report from The Chartis Group, a healthcare advisory group.
When it comes to capturing market share, the report found for-profit health plans far surpass the reach of nonprofit plans.
The group shared several examples of for-profit health plan growth in 2021, including UnitedHealthcare, which plans to add 300 counties to its Medicare Advantage footprint. That marks a 16 percent increase for the company....
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