Forbes January 2, 2022
Look for even more seniors to flock to Medicare Advantage in 2022 as the Biden administration, health insurers and investors bolster this privatized form of health coverage for those 65 and older.
Already, established health insurers including UnitedHealth Group’s UnitedHealthcare, Humana, CVS Health’s Aetna, Cigna and Anthem expanded into hundreds of new counties for this year to sell Medicare Advantage in this increasingly competitive business.
But there have already been signals from annual health insurer investor days and venture capital firms that Medicare Advantage will continue taking a larger share of seniors moving away from traditional Medicare to these privatized MA plans in 2022 and beyond.
“We continue to prioritize our high-growth markets,” CVS Health chief executive officer Karen Lynch...
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