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Thursday, November 7, 2013
Medicare Advantage Trends for 2014
1. The average MA premium is projected to increase by only $1.64 from last year, coming to $32.60.
2. Access to the MA program will remain strong, with 99.1% of beneficiaries having access to a plan.
3. The average number of plan choices will remain about the same and access to supplemental benefits remains stable.
4. Since passage of the Affordable Care Act, average MA premiums are down by 9.8 percent.
5. MA quality continues to improve as over one-third of MA contracts will receive four or more stars, which is an increase from 28 percent in 2013.
6. Over half of MA enrollees are enrolled in plans with four or more stars, a significant increase from 37 percent of enrollees last year.
Source: U.S. Department of Health & Human Services
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