Oliver Wyman October 3, 2025
Plan preview data for 2026 shows that insurers are again exiting certain geographies. At the same time, there’s increased attention to Special Needs Plans.
Financial and operational pressures continue to force Medicare Advantage (MA) carriers to recalibrate their market strategies. Our review of 2026 plan preview data shows that insurers are again closing plans or fully exiting certain geographies, a trend that we identified last year. The analysis also found that there are fewer standalone prescription drug plan (PDP) offerings, suggesting there could be further consolidation in that segment. At the same time, there’s been targeted growth in Special Needs Plans (SNP), highlighting a deliberate shift toward high-need populations with greater care and network needs.
The financial headwinds facing insurers...







