As Democrats Talk Single Payer, Private Medicare Advantage Soars

Medicare Advantage popularity continues to increase –  As Democrats Talk Single Payer, Private Medicare Advantage Soars

Health insurers are reporting unprecedented growth in the number of seniors flocking to private Medicare Advantage plans amid talk of a single payer government-run approach that could uproot such coverage.

Medicare Advantage (MA) plans replace traditional Medicare (typically plus a supplement and drug plan). They are popular for a variety of reasons including:

  • Cost (typically low premium payments to the insurance company)
  • Part D drug plans are part of most MA plans.
  • Ancillary coverage such as Dental, Vision and Hearing

Keep in mind this ancillary coverage typically is not full featured.

Medicare Advantage plans are expected to reach 50% market penetration by the end of 2025.

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