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.
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.
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.