Medical Economics March 1, 2022
Medicare Advantage program enrollment grows 9 percent for 2022.
Medicare Advantage had a banner year in 2022, with program enrollment growth of 9% to 62.6 million beneficiaries, according to a new study from The Chartis Group.
Medicare Advantage posted a 3% increase in penetration, representing total enrollment growth of 2.3 million beneficiaries for 2022.
“These results reflect the strong value proposition of Medicare Advantage products and the industry’s sustained push to create new value for its consumers,” said “2022 Medicare Advantage Competitive Enrollment Report” by the Chicago-based consulting firm. The report was authored by Chartis Principal Nick Herro and consultant Julianna Wokurka.
“With this growth, we continue to see a shifting competitive landscape for health plans that administer these...
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