Health Payer Intelligence October 31, 2017
The Medicare Advantage market is ripe with payer opportunities in the form of profitability, open competition, and a strong consumer base.
Medicare Advantage (MA) market data from A.M Best and the Kaiser Family Foundation reveals that the MA market has remained profitable and provides financial opportunity, but payers looking to enter into the market should expect to address developing challenges in revenues, financial solvency, consumer satisfaction, and competition
MA double-digit premium growth rates have been regular the last ten years, reaching as high as 22 percent in 2011 and 20 percent in 2014. Expected MA premium revenues have tripled since 2007 as they grew from $69.9 billion to $187.5 billion in 2016.
Payers have a consistently growing market option through...
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