Health Payer Intelligence January 3, 2023
In 2020, 6.8 percent of beneficiaries switched from traditional Medicare to Medicare Advantage compared to 2 percent of beneficiaries who shifted from the private to the public program.
The share of beneficiaries who switched from traditional Medicare to Medicare Advantage in 2020 exceeded the switching rate from Medicare Advantage to traditional Medicare, contributing to Medicare Advantage enrollment growth.
The Medicare Advantage share of overall Medicare enrollment grew from 19 percent in 2007 to 46 percent in 2021 and is expected to exceed 50 percent by 2023. This growth has been associated with new enrollees choosing Medicare Advantage and more current beneficiaries switching from traditional Medicare to Medicare Advantage.
Meanwhile, high-need beneficiaries have seen higher rates of switching from Medicare Advantage...
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