Medicare managed care plans are nearing a major enrollment milestone just as the Biden administration is pushing for tighter oversight of the popular plans.
After covering 49% of eligible beneficiaries with both “Part A” hospital coverage and “Part B” outpatient coverage last year, private Medicare Advantage plans now cover nearly 30.9 million of these people and are projected to enroll the majority of them this year for the first time in program history. As of this month, MA plans already enroll a majority of Medicare beneficiaries in 20 states, and nearly 49% or more in four others, federal data shows. ...
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