MedCity News November 9, 2023
In total, there are 3,959 Medicare Advantage plans being offered for individual enrollment in 2024, a 1% decrease from 2023, according to a new report from KFF.
The average Medicare beneficiary will have 43 Medicare Advantage plans to choose from in 2024, according to a new report from KFF. While this is the same number as in 2023, it’s more than double what was available in 2018.
“Medicare Advantage plans can be attractive to beneficiaries because they typically offer extra benefits, such as dental, vision and hearing, often for no additional premium, with the trade-off of more restrictive provider networks and greater use of cost management tools, such as prior authorization,” KFF said. “The sheer number of plans presents both...
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