Medicare Advantage is a type of health plan that offers Medicare benefits through private companies, not the government. Here’s a look at 2021 enrollment data, with key takeaways including:
- Medicare Advantage continues to grow enrollment share when compared to Original Medicare
- Medicare Advantage enrollment grew in every state
- For-profit Medicare Advantage plans are growing faster than their non-profit peers
- Venture-backed Medicare Advantage plans continue to enter the market, but their share is just under 1%
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