2024 Lookback: Payers Regroup After Turbulent Year for Medicare Advantage

  • Jan 02, 2025

    Medicare Advantage enrollment topped 34 million in 2024, according to AIS’s Directory of Health Plans (DHP), but the year will stand out as a tough one in the industry’s history. Higher-than-expected pandemic rebound utilization caused financial chaos for insurers with hefty MA segments, while Star Ratings changes sparked legal battles with CMS — several of which are still ongoing. Amid those challenges, many insurers saw slower-than-usual growth during 2024’s Annual Election Period and Open Enrollment Period, with CVS Health Corp.’s Aetna and fast-growing insurtechs standing out as notable exceptions. See DHP’s year-end enrollment wrap-up in the chart below and compare with 2023 and 2022’s numbers. Click on the bubbles for insights on key happenings for select insurers. Read more
    © 2024 MMIT
  • Carina Belles

    Carina has been covering public-sector health care since 2018. As a data reporter for Radar on Medicare Advantage, she creates infographics and data stories on issues impacting Medicare, Medicaid and Part D. She also develops AIS Health Daily, a free daily newsletter that showcases AIS’s strong reporting across our four publications and parent company Norstella’s suite of market access and data solutions. Prior to joining the editorial team, she managed Medicare and Medicaid data for the Directory of Health Plans, AIS’s industry-standard health coverage database. She graduated from Ohio University with a B.S. in Journalism.

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