Friday, March 5, 2021

Medicare Advantage Market Share in the Far West

Despite employing managed care cost controls that are sometimes unpopular with consumers, Medicare Advantage (MA) plans have experienced strong market share growth across the country in recent years. With additional benefits and typically lower costs, MA Plans offer a compelling value compared to Original Medicare, a value proposition that is drawing more and more interest from Medicare eligible seniors.  In slightly 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 reflected in the six-state Far West region of the U.S., where MA plan enrollment has grown from an approximate 38% share of the Medicare eligible market in October 2016 to almost 44% as of January 2021.  Here is a state-by-state look at how Medicare Advantage market share in the Far West has grown from October 2016 to January 2021:


Medicare Advantage Market Share in the Far West
Medicare Advantage Market Share in the Far West

Medicare Eligible (1) MA Enrollment (1) % MA Market Share
State Jan-21 Oct-16 Jan-21 Oct-16 Jan-21 Oct-16
AK 102.5 86.6 1.5 0.4 1.5% 0.4%
CA 6,461.3 5,840.0 2,889.7 2,288.6 44.7% 39.2%
HI 283.6 252.3 139.1 115.3 49.0% 45.7%
NV 552.4 473.2 235.2 161.0 42.6% 34.0%
OR 892.7 786.9 432.6 347.3 48.5% 44.1%
WA 1,411.5 1,240.3 542.0 373.6 38.4% 30.1%
Region 9,704.0 8,679.3 4,240.0 3,286.1 43.7% 37.9%
Total (2) 62,741.5 56,888.7 25,936.7 17,489.5 41.3% 30.7%

(1) in thousands; region totals may not equal sum of individual states due to rounding adjustments
(2) includes U.S. territories

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