Managed Healthcare Executive August 28, 2022
Kaiser Family Foundation research shows that an 8% increase in enrollment from 2021 to 2022.
Medicare Advantage plans, once a relatively small part of the Medicare program, are fast becoming how the majority of Medicare beneficiaries are covered by the governmennt program.
In analysis published last week, the Kaiser Family Foundation found that almost half (48%) of Medicare beneficiaries are enrolled in Medicare Advantage plans, an 8% increase from 2021.
In absolute terms, that means 28.4 million people are enrolled in Medicare Advantage plans this year, according to the Kaiser tally.
Ten years ago, just over one-quarter (27%) of beneficiaries were in Medicare Advantage plans.
Related: Some Perils of Medicare Advantage Growing, Traditional Medicare Shrinking
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