Thursday, December 8, 2016

17 Million Enrolled in Medicare Advantage Plans in 2015

The Wall Street Journal recently published an article on Medicare Advantage plans. Here are some key findings from the report:

17 million Medicare beneficiaries enrolled in Medicare Advantage plans in 2015.
By 2025, private-plan enrollment is expected to grow to 29 million Americans.
23% of Medical Advantage plans offered broad networks.
16% had narrow networks, with less than 30% of county hospitals included.
3 in 4 narrow networks excluded National Cancer Institute Cancer Centers.
61% had medium-size networks (30-69% of county hospitals included).

Source: Wall Street Journal, November 27, 2016

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