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Half of all Medicare members are now in a Medicare Advantage plan

10 May 2023 9:39 AM | Anonymous

Dive Brief:

  • Half of eligible Medicare beneficiaries are now enrolling in private Medicare Advantage coverage, according to recently released data from the CMS.
  • Of the 59.82 million people who qualify for a Medicare Part A and Medicare B private plan, 30.19 million, or over half of those who qualify, enrolled in January 2023, according to a Monday report from the Kaiser Family Foundation.
  • Plan A and Plan B enrollment increased by two percentage points from 48% in 2022, according to the nonprofit’s analysis. That means MA now has more enrollees than original Medicaid, a report from Barrons noted.

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