The number of seniors choosing to enroll in Medicare Advantage, the private sector alternative to traditional Medicare, continues to increase.
Data from the Centers for Medicare and Medicaid Services shows that the number of Advantage beneficiaries is up 7.3 percent from where it was in September 2014. About 17.7 million people are enrolled in an MA plan, up from nearly 16.5 million individuals at the same time last year, CMS said.
The percentage of beneficiaries choosing Advantage over traditional Medicare has more than doubled in the past decade. According to studies by the Kaiser Foundation, the percentage increased from 13 percent in 2005 to 31 percent in 2015. And, a survey from Health Affairs out early this year showed that more than half of those who enrolled in Medicare in the past few years have chosen MA.
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