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Enrollment in Medicare Advantage plans has increased significantly in the past 10 years, according to a recent analysis from the Kaiser Family Foundation. Here are five fast facts about Medicare Advantage:

► About 4 in 10 (39%) of all Medicare beneficiaries were enrolled in M/A plans in 2020;

► Last year there were 19 states where 40% or more of Medicare beneficiaries were enrolled in M/A plans, while enrollment in the plans was virtually nonexistent in two states: Alaska and Wyoming;

► In 2020, most M/A enrollees were in a plan operated by UnitedHealthcare, Humana or BlueCross BlueShield affiliates; 

► Almost two-thirds (60%) of M/A enrollees didn't pay a supplemental premium in 2020;

► 78% of M/A enrollees were in health plans that had 4 or more stars in the ratings by the CMS.

Medicare Advantage plans have grown considerably over the last decade. Make sure you are up to date with the most competitive companies and latest sales technology.

 

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Source: https://www.beckershospitalreview.com/payer-issues/5-fast-facts-about-medicare-advantage-in-2020.html