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► 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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Approximately 2.4 million people enrolled in a Medicare Advantage plan from February 2020 to February 2021, bringing the total MA population to 26.3 million medical lives. That’s a 9.9% year-over-year increase, according to AIS Health’s analysis of data from the 2021 Medicare Annual Election Period (AEP).
While the AEP was strong overall, the top 10 MA insurers continue to dominate the market, with 62.7% of all new enrollees selecting a plan from UnitedHealthcare, Humana Inc. or CVS Health Corp.’s Aetna. Meanwhile, Centene Corp.’s completed acquisition of WellCare Health Plans, Inc. allowed it to jump from No. 10 to No. 6, more than doubling its 2020 headcount.
See a complete breakdown of the top 10 payers’ results below. No state saw any MA losses from 2020 to 2021, with 10 seeing increases of more than 20%, including several states with historically low penetration rates, such as Delaware, Maryland and Vermont (see map below).
NOTES: Per AIS’s research methodology, above analysis does not include about 430,000 lives enrolled in CMS’s Financial Alignment Initiative demonstration plans for Medicare-Medicaid Dual Eligibles.
*Enrollment figures represent the sum of Kaiser’s seven regional managed care organizations.
†Enrollment data includes Centene’s acquisition of WellCare, which closed in January 2020.
‡Anthem, Inc. entered an agreement to acquire InnovaCare Health’s Medicare and Medicaid assets in February 2021. The deal is expected to close in the second quarter of 2021.
SOURCE: DHP, AIS’s Directory of Health Plans. Visit https://aishealthdata.com/dhp for more information.
Well, it's 2020 and it's the second year of the reinstated Medicare OEP. 
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More than 17.3 million people were enrolled in Medicare Advantage plans as of March 2015. Year over year, total Medicare Advantage enrollment increased by more than 1.3 million as managed Medicare continues to be an attractive growth market for health insurance companies. The latest CMS (Centers for Medicare and Medicaid Services) reports indicate 54.3 million are eligible for Medicare in the United States and U.S. territories. Medicare Advantage (MA), with an unpenetrated market of 37 million and growing, is big business for many health plans. UnitedHealth and Humana lead the segment and each leader enrolls more than 3 million MA members. Kaiser Permanente and Aetna also command significant market share with more than 1.2 million MA enrolled. 
