Monday, October 24, 2022

Medicare Market Insights and Plan Competition for 2023

 

 

 

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Medicare Market Insights and Plan Competition for 2023

 

October 24, 2022

 

Medicare Advantage (MA) plans currently provide medical coverage for nearly 30.2 million beneficiaries, as of October 2022. While MA market penetration is strong, there is still ample opportunity for growth in this segment, with approximately 47% of the 64.7 million people eligible for Medicare enrolled in MA plans. This brief presents a snapshot of the 2023 Medicare Advantage market with insights from the Centers for Medicare and Medicaid Services (CMS) Medicare Landscape reports. 

 

 

 

 

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