What Are Medicare Advantage Enrollment and Penetration in ?
Some residents are signed up for Medicare Advantage plans in . That translates to a penetration rate of about % among all people eligible for Medicare.
What Is Medicare Advantage?
Medicare Advantage packages the same access to doctors and hospitals as Original Medicare with other benefits. These options include prescription drugs, vision and dental coverage. Private companies administer Medicare Advantage plans with deductibles, copayments, and coinsurance. Members usually get their benefits through an HMO or PPO.
Beneficiaries get lower premiums and a cap on out-of-pocket costs. But they get fewer choices of doctors and are limited to a geographic area for their plans.
What Are Trends in Medicare Advantage Enrollment in ?
enrollment numbers for Medicare Advantage plans have increased over the last dozen years. In 2008, about signed up for Medicare Advantage. In 2021, that number grew to some out of about residents who are eligible for Medicare.
What Are Noteworthy Trends in Medicare Advantage Penetration or Enrollment by County?
The Keystone state has seen steadily rising numbers of people who choose Medicare Advantage over traditional Medicare plans. As of December 2021, Armstrong County had the highest Medicare Advantage penetration rate at 71%. The county with the lowest penetration rate was Pike County at 24%. Overall, people in Pennsylvania are choosing Medicare Advantage plans in ever-growing proportions, but the number of those eligible remains less than the number of people enrolled.