HealthLeaders Media November 8, 2023
Who will dominate 2024 enrollment, what role will Humana’s 2022 re-org play, and could Medicare Advantage plan stock prices skitter?
Half-way through Medicare Advantage (MA) open enrollment is a good time to ask what we know now and what we can only know later as the season progresses. CMS will post the first enrollment numbers on November 15, but until then . . .
Who will lead the market?
For years, a small group of health plans has led nationwide MA enrollment:
- UnitedHealthcare and Humana dominate, enrolling nearly half of MA members (47%)
- BlueCross BlueShield (BCBS) plans and CVS Health/Aetna follow, capturing another 25%
- Kaiser Permanente, Centene and Cigna trail, representing 6%, 4% and 2%...