Forbes January 31, 2022
More than 28.5 million patients are now enrolled in Medicare Advantage plans, according to new federal data. That’s up nearly 9% compared with the same time last year.
More than 40% of the more than 63 million people enrolled in Medicare are now in an MA plan.
Enrollment in MA has been surging for some time. It more than doubled between 2011 and 2020. By 2026, the program’s beneficiaries are expected to account for more than half of the Medicare population.
But you wouldn’t guess that from left-leaning critics’ characterization of the program as “controversial” and an “unaccountable cash cow“—one that offers “no demonstrable clinical benefit to patients.”
Nothing could be further from the truth. Seniors are flocking to Medicare...