With typically lower costs and extra benefits, Medicare Advantage (MA) Plans provide a most compelling value proposition in comparison to traditional Medicare coverage. Despite employing managed care protocols to control costs, the value appeal of MA plans has drawn more and more Medicare eligible seniors away from traditional Medicare. In the span of just over four years, from October 2016 through January 2021, the market share of MA plans across the U.S. has grown from under 31% of Medicare eligible Americans to over 41%.
The increasing popularity of Medicare Advantage plans nationally is mirrored in the Mid-East section of the U.S., where MA plan enrollment has grown from a 30.0% share of the Medicare eligible market in October 2016 to just over 39% as of January 2021. Here is a state-by-state look at how Medicare Advantage market share in the Mid-East states has grown from October 2016 to January 2021:
 |
| Medicare Advantage Market Share in the Mid-East States |
| Medicare Eligible (1) | MA Enrollment (1) | % MA Market Share | ||||||
|---|---|---|---|---|---|---|---|---|
| State | Jan-21 | Oct-16 | Jan-21 | Oct-16 | Jan-21 | Oct-16 | ||
| DC | 94.8 | 90.5 | 22.7 | 7.1 | 23.9% | 7.8% | ||
| DE | 217.4 | 186.8 | 47.0 | 17.0 | 21.6% | 9.1% | ||
| MD | 1,064.5 | 964.8 | 149.7 | 53.3 | 14.1% | 5.5% | ||
| NJ | 1,644.6 | 1,532.2 | 558.7 | 254.3 | 34.0% | 16.6% | ||
| NY | 3,689.8 | 3,432.4 | 1,657.9 | 1,276.4 | 44.9% | 37.2% | ||
| PA | 2,788.1 | 2,598.2 | 1,278.5 | 1,031.3 | 45.9% | 39.7% | ||
| Region | 9,499.3 | 8,804.9 | 3,714.5 | 2,639.5 | 39.1% | 30.0% | ||
| Total (2) | 62,741.5 | 56,888.7 | 25,936.7 | 17,489.5 | 41.3% | 30.7% | ||
