2021 Medicare Advantage & Part D Plans Information

Jason Yoo | Oct 2, 2020 | Flash Report, Medicare Advantage

The 2021 Medicare Advantage & Prescription Drug Plan Landscape Source Files have been released. CSG Actuarial has compiled key information from the landscape files that continues to show the growing role and opportunity that exists in the Medicare Advantage market.

·        The total number of plans that will be available in 2021 will increase by about 13%

Medicare Advantage Plans Available by Medicare Plan Type

Plan Type	2021	2020
Total	3,546	3,148
HMOs	2,202	2,011
Local PPOs	1,184	958
Regional PPOs	52	52
Cost	70	80
PFFS	33	41
MSA	5	6

PACE, Special Needs Plan, Part B Only Plans, and Employer sponsored plans (800 series) are excluded
Source: CMS Landscape File, 2021 & 2020

Most states will see an increase in Medicare Advantage plans available in 2021

Number of Medicare Advantage Plans Available by State

State	2021	2020
Alabama	62	55
Arizona	88	77
Arkansas	66	50
California	308	281
Colorado	64	63
Connecticut	34	29
Delaware	16	11
Florida	337	296
Georgia	107	94
Hawaii	21	19
Idaho	60	56
Illinois	136	116
Indiana	108	84
Iowa	60	47
Kansas	72	60
Kentucky	79	66
Louisiana	59	53
Maine	41	40
Maryland	24	25
Massachusetts	66	58
Michigan	86	79
Minnesota	85	79
Mississippi	40	30
Missouri	100	79
Montana	18	14
Nebraska	29	30
Nevada	61	40
New Hampshire	36	34
New Jersey	68	58
New Mexico	39	29
New York	184	178
North Carolina	90	82
North Dakota	28	22
Ohio	150	140
Oklahoma	48	40
Oregon	98	85
Pennsylvania	166	160
Puerto Rico	24	24
Rhode Island	20	16
South Carolina	73	76
South Dakota	28	24
Tennessee	90	76
Texas	180	152
Utah	35	28
Vermont	23	13
Virginia	87	93
Washington	143	127
Washington D.C.	11	7
West Virginia	37	35
Wisconsin	110	101
Wyoming	6	5

PACE, Special Needs Plans, Part B Only Plans, and Employer sponsored plans (800 series) are excluded. Source: CMS Landscape File, 2021 & 2020. 

Use MarketAdvisor to quote every available Medicare Advantage, Special Needs, and Part D plan. Filter by Plan Type and Low Income Subsidy Level.  View plan details, max-out-pocket, star ratings, drug deductibles and more. Tool links to carrier websites to check formularies, providers and pharmacies. Market Analytics include county penetration and company enrollments by month.

The Fill in the Gaps feature allows you to give your client a comprehensive view of their coverage options when you include Hospital Indemnity benefits while quoting Medicare Advantage.  Click here to watch a video of the Fill the Gaps feature in action.

Get access to MarketEdge to view Medicare Advantage enrollments and Medicare demographics by state and zip code.

CSG Actuarial can also provide Medicare Advantage data through an API or Data Feed.

https://www.csgactuarial.com/2020/10/2021-medicare-advantage-part-d-plans-information/?utm_term=Read%20More&utm_campaign=October%202020%20Flash%20Report&utm_content=email&utm_source=Act-On+Software&utm_medium=email