More Americans Choose Medicare Advantage Year Over Year

Source: https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/MCRAdvPartDEnrolData/Monthly-Contract-and-Enrollment-Summary-Report

The number of Americans who choose Medicare Advantage increases steadily every year – a testament to the program’s overwhelming popularity and satisfaction among beneficiaries. Today, about 40% of all those eligible for Medicare nationwide choose Medicare Advantage.

Many states have especially high rates of Medicare Advantage enrollment including Arizona (42.7%), Georgia (43.1%), Michigan (45.9%), Pennsylvania (44.2%), and Wisconsin (42.3%) and states with large senior populations like California (43.6%), Florida (48.7%), and New York (43.5%). (Centers for Medicare and Medicaid Services (CMS) Integrated Data Repository (IDR), July 1, 2020)

Looking at the broad array of Americans covered by the program, a high overall share of diverse populations chooses Medicare Advantage (31%). Nearly half of all Medicare-eligible Latinx and African Americans are covered by Medicare Advantage, and 57% of Medicare Advantage enrollees are women.

Medicare Advantage also covers millions of low-income Americans. 40% of Medicare Advantage enrollees make less than $25,000 per year. Many of these individuals might not be able to afford the out-of-pocket costs of traditional Medicare.

Medicare Advantage has strong bipartisan support among policymakers. In 2020, a record 403 Members of Congress – nearly 8 in 10 – signed onto bipartisan letters in support of the program.   

Medicare Advantage provides stable and affordable health care coverage, peace of mind, and additional benefits that allow Americans 65+ and the most vulnerable Americans with disabilities to stay healthy. That’s why nearly 26 million Americans across the country choose the better services, better access to care, and better value of Medicare Advantage.