Significant variation exists across states and counties in plan availability, with some areas experiencing increases while others see decreases.
Over the last decade, Medicare Advantage, the private plan alternative to traditional Medicare, has taken on a prominent role in the Medicare program. In 2024, nearly 33 million Medicare beneficiaries are enrolled in a Medicare Advantage plan, more than half, or 54%, of the eligible Medicare population.
Despite concerns that modifications to the payment formula and higher utilization would impact the number of Medicare Advantage plans offered in 2025, the Medicare Advantage market appears to be relatively stable. While Medicare Advantage insurers have made some adjustments in their offerings, the average Medicare beneficiary has a choice of more than 30 Medicare Advantage prescription drug (MA-PD) plans, and virtually all plans provide multiple extra benefits like vision, hearing and dental benefits, similar to last year.
This brief provides an overview of the Medicare Advantage plans that are available for 2025 and key trends over time. This analysis uses data from the CMS Landscape files. In general, this brief refers to individual Medicare plans available for general enrollment, excludes Special Needs Plans (SNPs), except where noted, and excludes employer plans.
Freed, M., Biniek, J. F., Damico, A., & Neuman, T. (2024, November 25). Medicare Advantage 2025 Spotlight: A first look at plan offerings | KFF. KFF. https://www.kff.org/medicare/issue-brief/medicare-advantage-2025-spotlight-a-first-look-at-plan-offerings/
Siddiqi, Z.. (2024, November 18). Amid Medicare Advantage’s growth, I-SNPs see slight dip for 2025. Skilled Nursing News. https://skillednursingnews.com/2024/11/amid-medicare-advantages-growth-i-snps-see-slight-dip-for-2025/
Improve Medicare Advantage reimbursements with payer contract management that puts payer rules in the hands of clinicians & billers.
