Business Wire April 6, 2021
MCMURRAY, Pa.–Mark Farrah Associates (MFA), www.markfarrah.com, assessed Medicare Advantage (MA) and Prescription Drug Plan (PDP) performance, market share and market penetration by state as of March 1, 2021. Total MA membership exceeded 27 million and Medicare stand-alone PDPs covered over 24 million members. MA plans grew by 9.7% while there was a -3.7% decrease for PDPs, year-over-year.
“Year-Over-Year Enrollment Trends for the Medicare Advantage and PDP Senior Markets”
- The top ten carriers covered 77.6% of all MA enrollees, with UnitedHealth remaining the market-share leader.
- Texas experienced the most sizeable year-over-year increase of almost 208,000 MA members. ...