While the call for Medicare for All grows on the political left, more and more seniors opt out of standard Medicare for the private insurance option now available to 99% of beneficiaries.
Makes you wonder exactly what M4A actually means. The fact is ask ten people and you are likely to get ten different explanations.
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Enrollment in Medicare Advantage is projected to be at an all-time high in 2019 with 22.6 million Medicare beneficiaries. This represents a projected 2.4 million (11.5 percent) increase from 20.2 million in 2018. Based on projected enrollment, 36.7% of Medicare beneficiaries will be enrolled in Medicare Advantage in 2019.
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Medicare Advantage premiums, on average, have steadily declined since 2015 from the actual average premium of $32.91. For 2019, CMS estimates the Medicare Advantage average monthly premium will decline by $1.81 to $28.00 from 2018.
Source:CMS
