Becker's Healthcare November 21, 2024
Jakob Emerson

The vast majority of Medicare Advantage markets are highly concentrated, according to the American Medical Association’s annual Competition in Health Insurance report.

In 91% of MA markets, one insurer controls at least 30% of the market, and in 30% of markets, the largest insurer controls more than 50% of the market. UnitedHealth Group is the largest Medicare Advantage insurer overall, with a national market share of 29%.

The largest Medicare Advantage insurer by state, by market share:

Alabama
UnitedHealth: 43%

Arizona
UnitedHealth: 48%

Arkansas
UnitedHealth: 42%

California
Kaiser: 43%

Colorado
UnitedHealth: 50%

Connecticut
UnitedHealth: 37%

Delaware
UnitedHealth: 37%

Florida
Humana: 31%

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Topics: Govt Agencies, Insurance, Medicare Advantage, States, Survey / Study, Trends
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