Health Payer Intelligence July 8, 2024
As plans continue to recover from the pandemic, Medicare Advantage plans continued their strong performance, financially, in 2023.
Medicare Advantage and individual health insurance marketplace plans achieved the best results on certain financial performance indicators in 2023, according to a KFF brief.
The researchers leveraged the Health Coverage Portal from Mark Farrah Associates to assess payer financial data. The brief addressed four markets: Medicare Advantage, the group market, the individual market, and Medicaid managed care.
They excluded California health maintenance organizations. Also, the data for five states were missing or nonexistent. Plans that did not fit certain criteria demographics were not included.
The two financial performance indicators that the researchers analyzed were gross margins, where Medicare Advantage plans performed well,...
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