Fierce Healthcare January 12, 2022
Clover Health saw its Medicare Advantage enrollment increase 25% in 2022 over the previous year, the insurer said this week.
The startup insurer said that it began January 2022 ahead of its full-year guidance of 82,000 members. The overall industry growth in MA averages 10% year-over-year, according to data from the Kaiser Family Foundation.
Clover offers plans in 209 counties across nine states.
“Our continued industry-beating growth is a testament to the value consumers find in our approach of providing high-quality plans, at a low cost, on a wide and open network,” said Andrew Toy, president of Clover Health, in a statement. “We believe our dramatic growth in Georgia demonstrates how the model we honed in New Jersey is replicable...
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