Until 2024, the number of plan choices has risen every year since 2018. Even so, 43 plans is the largest number of Medicare Advantage plans enrollees have ever had to choose from.
The stagnation of plan choices comes as several major healthcare systems, including San Diego-based Scripps Health and Louisville, Ky.-based Baptist Health, have terminated their Medicare Advantage contracts for the upcoming enrollment year.
The number of Medicare Advantage plans available to beneficiaries yearly since 2010:
2010: 30
2011: 18
2012: 19
2013: 19
2014: 17
2015: 17
2016: 18
2017: 18
2018: 20
2019: 24
2020: 28
2021: 33
2022: 38
2023: 43
2024: 43
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.