Friday, December 30, 2022

Employer-Group Medicare Advantage Year-to-Date Enrollment Updates

 

 

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Employer-Group Medicare Advantage Year-to-Date Enrollment Updates

 

November 3, 2022

 

Nearly 29.8 million people were enrolled in Medicare Advantage (MA) plans as of October 1, 2022, representing a growing share of the 64.7 million Americans eligible for Medicare. Individual MA policies, acquired through direct purchase, covered approximately 24.7 million members, as of October 1, 2022. While individual policies dominate the MA market, MA employer-group retiree programs, also known as Medicare Advantage Employer Group Waiver Plans (MA-EGWP, EGHP, or Group MA), continue to experience steady enrollment increases. Group MA currently encompasses 17.2% of the total MA market. In this brief, Mark Farrah Associates (MFA) analyzes previous yearend employer Group MA enrollment reports with recent enrollment reports from the Centers for Medicare and Medicaid Services (CMS).

 

 

 

 

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