Although hospital-owned plans are only a sliver of the Medicare Advantage market, their enrollment continues to grow, reflecting the overall increase in Advantage members. Of the 62.8 million Medicare beneficiaries eligible to join Advantage plans, 54% signed up last year, according to KFF, the health information nonprofit that includes KFF Health News. While the number of Advantage plans owned by hospital systems is relatively stable, Mass General Brigham in Boston and others are expanding their service areas and types of plan offerings.
Read the full article: Sick of Fighting Insurers, Hospitals Offer Their Own Medicare Advantage Plans //
Source: https://kffhealthnews.org/news/article/health-insurance-medicare-advantage-plans-hospitals/