MCMURRAY, Pa.–(
BUSINESS WIRE)–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, 2019. MA membership exceeded 22.7 million and Medicare stand-alone PDPs covered nearly 25.6 million members. MA plans grew by 7.4% while there was a 0.2% increase for PDPs, year-over-year. MFA’s recent analysis brief focused on year-over-year enrollment trends for the MA and PDP senior markets.
“Continued Year-Over-Year Medicare Advantage and PDP Membership Increases”
- The top ten carriers covered 73.5% of all MA enrollees, with UnitedHealth remaining the market-share leader with over 5.7 million enrollees.
- Stand-alone PDPs enrolled approximately 39,000 net enrollees between March...