With Medicare Advantage plan enrollment at an all-time high, carriers are switching strategies and altering design plans in an attempt to create distinctive plan offerings to this growing consumer audience.
Consulting firm Avalere Health has been analyzing the data emanating from the Centers for Medicare & Medicaid Services on Medicare Advantage. Among its forecasts: a 14 percent drop in the number of Part D standalone prescription drug plans in 2015.
The primary driver behind the decrease, Avalere said, is "a consolidation of offerings by a number of top plan sponsors, including Aetna, Cigna, CVS, and UnitedHealth."
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
