The Kaiser Family Foundation summarized Medicare Advantage 2024 trends and updates in enrollment. Here are the main points:
- Enrollment Growth: In 2024, 32.8 million people are enrolled in Medicare Advantage plans, making up 54% of the eligible Medicare population.
- Plan Availability: The average Medicare beneficiary has access to 43 Medicare Advantage plans, the same as in 2023 but more than double the number in 2018.
- Demographics: Medicare Advantage enrolls a disproportionate share of people of color and an increasing number of dual-eligible beneficiaries.
- Financial Impact: Medicare Advantage plans receive payments from CMS that are 122% of the spending for similar beneficiaries in traditional Medicare, leading to an estimated $83 billion in higher spending in 2024.
See what else Groundswell Health is working on in healthcare >>
Does Your Hospital’s Communications Strategy Put You on the the Naughty or Nice List?
Year end is a good time to assess with our teams what worked well and should continue and what are
Groundswell Co-Founder Talks with StayWell CEO on the Connected Hospital Podcast
Today’s Guest: Pearce Fleming, FACHE | President | StayWell If you’ve been involved in health care marketing and communications, you
Marketing to Physician CEOs
Late in the summer, Modern Healthcare ran a story about the increase in the number of hospitals asking executive search