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Medicare Advantage: Enrollment Stays Strong

MEDICARE ADUANTAGE ENROLLMENT STAYS STRONG MEDICARE POPULATION BY PLAN TYPE 27% Medicare Advantage 27% 1 in 4 Medicare consumers pick Medicare Advantage 73% 73% Traditional Medicare TOTAL MEDICARE ADVANTAGE HEALTH PLAN ENROLLMENT. 2002 - 2012 13.1 11.9 11.1 IN MILLIONS 10.5 9.7 8.4 11 6.8 5.6 5.3 5.3 5.6 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 AVERAGE MONTHLY PREMIUMS FOR MEDICARE ADVANTAGE HMOS PPOS $36 $66 Health Maintenance Organization plans allow you to receive medical $34 $59 Preferred Provider Organizations $29 $53 plans offer more flexibility. You can see any doctor or specialist you services within a defined network of local Medicare providers. Referrals are required for specialists. Typically. HMOS have lower out-of-pocket costs than other types of plan. want without a referral, in or out of your Medicare network More freedom to choose translates to higher premiums and out-of-pocket costs. 2010 2011 2012 2010 2011 2012 WHAT IS MEDICARE ADVANTAGE? Medicare Advantage is a health plan offered by a private company that provides Part A and Part B benefits. There are different health plan types and some plans also provide prescription coverage. GoHealth *Source: Kaiser Family Foundation. Medicare Advantage 2012 Data Spotlight: Enrollment Market Update, 2012. http://www.kff.org/medicare/upload/8323 pdf.

Medicare Advantage: Enrollment Stays Strong

shared by GoHealth on Sep 10
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GoHealth illustrates Medicare Advantage enrollment over the past ten years.

Publisher

GoHealth

Tags

medicare

Category

Health
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