MedCity News August 28, 2022
Nearly half of Medicare beneficiaries, or 48%, are enrolled in Medicare Advantage plans. This is highly concentrated across UnitedHealthcare and Humana, which account for almost half of all MA enrollees.
Nearly half of Medicare beneficiaries, or 48%, are enrolled in Medicare Advantage plans. As soon as next year, this number could cross the 50% threshold, a report published Thursday predicts.
The Kaiser Family Foundation analysis also found that in 2022, MA enrollment accounted for $427 billion, or 55%, of all federal Medicare spending. The report used data from the Centers for Medicare & Medicaid Services for its study.
MA enrollment has more than doubled since 2007, when it was just 19% of the Medicare population, the report said. Between 2021...