Home Health Care News March 25, 2025
The Medicare Advantage (MA) market grew to 34.5 million in 2024 despite significant challenges, according to a new report from HealthScape Advisors and Chartis.
This signifies that 51% of the U.S. Medicare population is enrolled in an MA plan, reflecting a growth of nearly 1.3 million total beneficiaries since 2024.
The report indicates that while the MA growth in 2024 remains robust, it decreased by 7% from 2023. Before the annual enrollment period, many for-profit health plans signaled their intent to slow growth or even reduce membership in response to a “perfect storm” of pressures – including rising usage, lower-than-expected rate increases and increased regulatory scrutiny around key financial levers.
Noteworthy trends emerged this year, according to the report. First,...