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Did You Know: Medicare Advantage Programs Growing Rapidly

1/25/2023

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More than 30 million Americans are now enrolled in Medicare Advantage programs, according to new data released by the Centers for Medicare & Medicaid Services. 
​
​A year ago, 28 million people were participating in some type of Medicare Advantage plans and ten years ago, about 13 million Americans were enrolled in MA programs, according to the Kaiser Family Foundation.
 
“The number of Medicare Advantage (MA) plans offering in-home support services as a benefit increased by approximately 32% this year, according to an analysis by ATI Advisory. In 2023, 1,375 MA plans are providing in-home supports, such as home care, as a supplemental benefit, compared to 1,035 plans last year,” according to a McKnight’s Home Care article about Medicare Advantage plans.
 
Matt Eyles, president and CEO of America's Health Insurance Plans, said Tuesday that enrollment topping 30 million represents “a huge endorsement of the value of this program.”
 
“This milestone shows that people are choosing MA for better affordability and health outcomes,” Eyles said in a statement. “The continued growth of the program is a testament to the tremendous value MA offers to all enrollees, and especially those with chronic illnesses who require care coordination and management, as well as those with low incomes who rely on MA’s access to additional benefits at little or no cost.”
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  • Membership Resources
    • Member Login
    • Code of Conduct
    • Resources
    • Newsletters
    • Product & Services Guide
    • Join HCAOA
    • Benefits: Agency Membership
    • Benefits: Associate Membership
  • State Chapters
    • Alabama
    • Arizona
    • California
    • Connecticut
    • Florida
    • Georgia
    • Illinois
    • Massachusetts
    • Michigan
    • New Jersey
    • New York
    • Ohio
    • South Carolina
    • Virginia
    • Washington
    • West Virginia
    • Wisconsin
  • Education/Events
    • Calendar
    • National Home Care Conference >
      • 2023 Call for Speakers
  • Advocacy/Policy
    • Bring the Vote Home
    • Advocacy Fund
    • State of Home Care: Industry at Crossroads
    • Home Care Workforce Action Alliance
    • Caring for Seniors: Value of Home Care
    • Home Care by the Numbers
    • Issues & Positions
    • Legislative Action Network
    • State Legislation Tracker
    • Federal Legislation Tracker
  • About HCAOA
    • Mission & Vision
    • Board of Directors
    • Staff
    • Caregiver of the Year Award
    • News Releases
    • Advertising & Marketing
    • The Voice
    • Contact Us
  • Find a Job