Employer-Group Medicare Advantage Enrollment Increased 26% Over 4-Year Period

Nearly 25.4 million people were enrolled in Medicare Advantage (MA) plans as of October 1, 2020, representing a growing share of the 62.4 million Americans eligible for Medicare. Individual MA policies acquired through direct purchase policies stood at 20.4 million members as of October 1, 2020. However, while individual policies command the MA market, employer-group retiree programs, also known as Medicare Advantage Employer Group Waiver Plans (MA-EGWP), continue to experience steady enrollment increases. Employer-group Medicare Advantage enrollment has grown to nearly 4.7 million members, an increase of almost 209,000, or 4.7%, since December 2019. Furthermore, group market enrollment has grown by approximately 977,000 members since December 2017.  Group MA currently encompasses 18.4% of total MA market.  In this brief, Mark Farrah Associates (MFA) compares the latest aggregated employer group Medicare Advantage enrollment reports with recent year-end enrollment reports from the Centers for Medicare and Medicaid Services (CMS).

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