Healthcare DIVE February 7, 2023
Dive Brief:
- Medicare Advantage plans added 22.2 million beneficiaries while traditional Medicare lost 1 million enrollees from 2006 through 2022, according to a study published Monday in Health Affairs.
- Adjusted MA penetration nationally in 2022 was just shy of 50%, and 24% of Medicare enrollees with Parts A and B lived in a county with adjusted penetration equal or above 60%, the study found.
- The rise in MA enrollment and penetration “indicates that beneficiaries are reforming Medicare with their feet,” the study’s authors wrote.
Dive Insight:
MA plans have seen significant growth in recent years, with enrollment rising 337% from 2006 through 2022, according to the Health Affairs study.
The private plan alternative to traditional Medicare “is likely...
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