Healthcare Finance News March 25, 2025
MA plans have faced recent headwinds of declining payment rates, medical cost pressures, regulatory burden and less favorable star ratings.
A new report shows decelerating growth for Medicare Advantage plans.
The annual 2025 Medicare Advantage competitive enrollment report by healthcare advisory firm Chartis and consulting firm HealthScape Advisors said the market is undergoing a period of correction, following rapid growth in the early 2020s.
The Medicare Advantage market grew by 1.3 million beneficiaries, or 3.9%, in 2024. This is down from 7% growth in 2023 and 9.4% in 2022.
Despite the numbers, the market remains strong, the report said. Health plan leaders are optimistic and generally more positive than when they were surveyed last year, according to the report....
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