A Brief Analysis of the Medicare Market in Six Major Metro Areas
posted by Mark Farrah Associates (MFA)
on December 19, 2019
Total current Medicare Advantage (MA) membership is nearly 23.3 million, representing approximately 35% of the 67.2 million Americans eligible for Medicare. As seniors increasingly enroll in MA plans, health plan enrollment and market share data have become even more important metrics for health insurers to assess. Companies not only consider their own market positions but also routinely analyze competitor membership to evaluate relative market share. Market share at the county or metropolitan statistical area (MSA) level is often assessed to gain a more complete competitive picture of the market. This brief presents an overview of Medicare market demographics and market share data, with a focus on health plan market position for six major metropolitan statistical areas in the U.S.