Health Payer Intelligence November 14, 2022
Medicare Advantage beneficiaries across the US have access to more Medicare Advantage health plan options in 2023 than in 2022, but other trends have remained consistent.
Medicare Advantage beneficiaries will have more health plan options available to them now than they have at any point in over a decade, according to data from the Kaiser Family Foundation.
There are 3,998 Medicare Advantage plans available during open enrollment 2023.
This means that the average Medicare beneficiary has 43 Medicare Advantage plan options to consider, which does not include other types of Medicare plans such as special needs plans, Medicare-Medicaid plans, and employer or union-sponsored group health plans. Of these 43 plans, on average 35 plans have prescription drug coverage.
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