State of Medicare Advantage 2024

The Medicare Advantage program continues to grow and become more diverse as the affordable health care choice for the majority of America’s Medicare-eligible seniors. Today, a record 33.8 million seniors and people with disabilities now choose Medicare Advantage, representing nearly 55% of the Medicare population. Meanwhile, 30% of Medicare Advantage beneficiaries are now Black, Latino, or Asian, compared to 18% in Fee-For-Service Medicare.

Fact Sheet

Medicare Advantage Overview January 10, 2025

Medicare beneficiaries have two options for receiving their Medicare benefits: fee-for-service (FFS) Medicare or Medicare Advantage. Medicare Advantage is the managed care option in Medicare and is a public-private partnership, meaning benefits are offered by…

Background Information

Report

Analysis of the 2025 Medicare Advantage Plan Landscape October 21, 2024

The cumulative impact of recent legislative and regulatory changes to the Medicare Advantage program is resulting in beneficiary disruptions for 2025, including fewer Medicare Advantage plan and benefit choices and higher out-of-pocket costs. In 2025,…

Background Information

Fact Sheet

Recent Reforms to the Medicare Advantage Program by Policy Vehicle, 2024 August 27, 2024

The annual Medicare Advantage regulatory cycle consists of the Medicare Advantage (MA) and Medicare Part D Rule and the Rate Announcement, which are finalized by the Centers for Medicare & Medicaid Services (CMS) in the…

Background Information