Five Things to Know From KFF Medicare Advantage 2020 Spotlight

1. Nationwide, 3,148 Medicare Advantage plans will be available for individual enrollment for the 2020 plan year – an increase of 414 plans since 2019.
2. The number of Medicare Advantage plans will vary greatly across counties in 2020, from 31 plans, on average, in metropolitan counties to 16 plans, on average, in non-metropolitan counties.
3. The average beneficiary will be able to choose from plans offered by seven firms in 2020, similar to 2019.
4. Thirteen insurers will be entering the Medicare Advantage market for the first time, and one insurer will be exiting in 2020.
5. Nearly all beneficiaries (97%) have access to a Medicare Advantage plan that provides dental, fitness, vision, and hearing benefits, which are not covered by traditional Medicare.

Source: Kaiser Family Foundation
Source URL: https://www.kff.org/medicare/issue-brief/medicare-advantage-...

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