Why the growth?
- In the survey, 29 percent of people chose Medicare Advantage due to the prescription drug coverage, 16 percent because of affordability, and 9 percent due to the supplemental benefits.
- Of the 9 percent that cited supplemental benefits, 35 cited COVID-19 supplemental benefits and 27 percent cited telehealth benefits. Other supplemental benefits cited were dental (62 percent), vision (52 percent), and over-the-counter benefits (38 percent).
- The Congressional Budget Office predicts that 51 percent of Medicare beneficiaries will be enrolled in Medicare Advantage by 2030.
Related Medicare Resources