Medicare Advantage in 2022: Enrollment Update and Key Trends

(By Meredith Freed, Jeannie Fuglesten Biniek, Anthony Damico, and Tricia Neuman for Kaiser Family Foundation Published: Aug 25, 2022)

Since 2006, the role of Medicare Advantage, the private plan alternative to traditional Medicare, has steadily grown. In 2022, more than 28 million people are enrolled in a Medicare Advantage plan, accounting for nearly half or 48 percent of the eligible Medicare population, and $427 billion (or 55%) of total federal Medicare spending (net of premiums). The average Medicare beneficiary in 2022 has access to 39 Medicare Advantage plans, the largest number of options available in more than a decade. Continue reading here…

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