Medicare Advantage Plans Report AEP Growth

Medicare Advantage enrollments as of February 2020 reflected higher year-end growth on a count basis, but lower on a percentage basis than the previous year.  The table below shows that Medicare Advantage enrollments increased over 1.3 million from December 2019 to February 2020, 8,000 higher than the year-end 2018 growth.  On a percentage growth basis, the 5.9% increase from December 2019 to February 2020 was 0.6% lower than the growth percentage for the previous year end.

Medicare Advantage Plans Report AEP Growth

Based on these February 2020 enrollment numbers, CSG Actuarial is projecting that Medicare Advantage enrollment as of December 2020 will be 24.7 million (or 25.4 million if other Medicare “capitation” contracts are included).