KFF October 29, 2020
Over the last decade, Medicare Advantage, the private plan alternative to traditional Medicare, has taken on a larger role in the Medicare program. In 2020, more than 24 million Medicare beneficiaries are enrolled in a Medicare Advantage plan. This brief provides an overview of the Medicare Advantage plans that are available for 2021 and key trends over time.
Plan Offerings in 2021
Number of Plans
Number of Plans Available to Beneficiaries. For 2021, the average Medicare beneficiary has access to 33 Medicare Advantage plans, the largest number of options available in the last decade (Figure 1).
Figure 1: The average Medicare beneficiary has access to 33 Medicare Advantage plans in 2021, an increase from prior years
Among the...
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