When the Patient Protection and Affordable Care Act went live in 2010, Medicare Advantage plans witnessed reductions to Medicare payments, but enrollment in MA plans — also known as Medicare Part C — is still on the rise, according to a new report from the Kaiser Family Foundation.
So far in 2012, MA enrollment grew by 10 percent from 2011 to 13.1 million beneficiaries, which represents 27 percent of the total Medicare population. MA enrollment has more than doubled since 2005, when there were 5.6 million beneficiaries.
The report also found that the predominant plan types for MA enrollees are similar to 2011. Sixty-five percent of MA beneficiaries are in HMOs. PPOs are the second-most common at 21 percent.
To read the entire report on Medicare Advantage data so far in 2012, click here (pdf).
So far in 2012, MA enrollment grew by 10 percent from 2011 to 13.1 million beneficiaries, which represents 27 percent of the total Medicare population. MA enrollment has more than doubled since 2005, when there were 5.6 million beneficiaries.
The report also found that the predominant plan types for MA enrollees are similar to 2011. Sixty-five percent of MA beneficiaries are in HMOs. PPOs are the second-most common at 21 percent.
To read the entire report on Medicare Advantage data so far in 2012, click here (pdf).
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