Here are five Medicare Advantage numbers to know, according to data published Aug. 9 by KFF:
- 51% of eligible Medicare beneficiaries were enrolled in Medicare Advantage in 2023.
- Medicare Advantage enrollment increased by 32 percentage points between 2007 and 2023, rising from 19% to 51%.
- 30.8 million Medicare beneficiaries are enrolled in Medicare Advantage plans.
- Sixty-four percent of Medicare Advantage participants are enrolled in plans generally available to all beneficiaries for individual enrollment.
- 5.4 million Medicare Advantage enrollees are part of a group plan for retirees through an employer or union.
