The "big five" health insurers are increasingly seeing
Medicare Advantage (MA) and managed Medicaid as safe revenue bets, especially
as individual market enrollment has fallen for some insurers due to the
volatility of the Affordable Care Act exchanges and as more employer groups
have shifted to self-funded (Administrative Services Only) arrangements. Since
2014, the big five's MA presence has grown 43%, and encompasses 56% of the
total market. UnitedHealthcare in particular has grown its MA business by 68%,
and managed Medicaid by 19%. Only Cigna Corp. has grown its group market
presence in the same time period, with decreases in all other risk-based lines
of business.
SOURCE: AIS's Directory of Health Plans (DHP). Go to
aishealthdata.com/dhp for more information.
No comments:
Post a Comment