Thirty Percent of People Eligible for Medicare Enrolled in Medicare Advantage Plans

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Nearly 16 million people were enrolled in Medicare Advantage (MA) plans as of February 2014 with UHC being the top MA carrier:

Thirty Percent of People Eligible for Medicare Enrolled in Medicare Advantage Plans | Mark Farrah Associates

 

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Medicare Advantage plans, unlike traditional Medicare, are required to limit out-of-pocket costs for services covered under Parts A and B ($3,400 is recommended; $6,700 is the maximum). Between 2013 and 2014, the share of Medicare Advantage enrollees in plans with limits above $5,000 almost doubled, from 24 percent in 2013 to 44 percent in 2014.

Medicare Advantage 2014 Spotlight: Enrollment Market Update | The Henry J. Kaiser Family Foundation