Business Wire December 23, 2024
MCMURRAY, Pa.–(BUSINESS WIRE)–Mark Farrah Associates (MFA), www.markfarrah.com, released a third quarter 2024 health insurance segment enrollment update. MFA compared membership between the 3rd quarter of 2023 with the 3rd quarter of 2024 to provide greater insight into enrollment trends for the Individual, Group, ASO, Medicare Advantage, and Medicaid insurance segments. As of September 30, 2024, approximately 319 million people received medical coverage from U.S. health insurers. This number is down 2 million members from a year ago.
“Health Insurance Enrollment Trends; a Third Quarter Segment Comparison”
- Between 3Q23 and 3Q24, membership for the Individual market gained approximately 4.8 million more members.
- The Medicare Advantage market also experienced a membership increase with 1.35 million new members,...
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Topics: Insurance