Mark Farrah Associates March 19, 2018
Despite an era of uncertainty in the U.S. healthcare industry, Medicare Advantage (MA) continues to experience enrollment gains. MA plans remain appealing to the senior population as these plans often provide extra benefits and services at lower costs over original Medicare. The large number of Baby Boomers entering retirement each day is rapidly rising and insurers have become more and more dependent on Medicare Advantage business for increases in enrollment, revenue and profits. As of February 1, 2018, total Medicare Advantage membership stood at 21,079,661 with a net gain of 1,486,320 members, year-over-year. This brief assesses Medicare Advantage plan performance, analyzes market share for individually purchased and employer-sponsored benefits and evaluates MA plan type preferences as of February 1, 2018.
...Today's Sponsors
Today's Sponsor