MedCity News March 10, 2022
A report detailed how Medicare Advantage grew again, gaining some of its numbers from new members and poaching others from Original Medicare, which is declining overall.
Medicare is well on its way to the tipping point of reaching 50% enrollment by 2025, an anticipated benchmark, though that benchmark is mostly symbolic in significance. A report broke Medicare’s recent progress down by numbers and found that the Medicare Advantage program grew yet another year in a row and now has 28 million participants, accounting for 45% of all Medicare beneficiaries. Based on the results of the report, Medicare Advantage products have a strong value proposition. Several key findings emerged.
This year, Medicare enrollment overall grew, with more than 1 million joining...
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