Mark Farrah Associates October 8, 2024
MCMURRAY, Pa.–(BUSINESS WIRE)–Mark Farrah Associates (MFA), www.markfarrah.com, released a year-over-year comparison for health insurance segment enrollment. MFA assessed membership between 2Q23 and 2Q24 to provide greater insight into enrollment trends for the Individual, Group, ASO, Medicare Advantage, and Medicaid insurance segments. As of June 30, 2024, approximately 319 million people received medical coverage from U.S. health insurers. This number is down 5.3 million members from a year ago.
“Health Insurance Enrollment Trends; a Second Quarter Segment-by-Segment Comparison”
- Second quarter enrollment trends indicate membership gains for Medicare Advantage (MA), Employer Group self-funded administrative services only (ASO) business and Individual, while the Medicaid and Employer Group Risk segments experienced year-over-year declines.
- Managed Care Organizations (MCOs) and...