Medicare Insurance Statistics, Data, Facts, Medicare Advantage Information, Medicare Supplement Insurance Data Statistics

Medicare Insurance Data / Facts – 2020

Medicare insurance-related data compiled by the American Association for Medicare Supplement Insurance

Information shared here may be used with proper credit and/or acknowledgement to the American Association for Medicare Supplement Insurance.  Links to our website (www.MedicareSupp.org) are appreciated.  Articles (or webpages) that link to our website will be promoted by the organization.


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Medicare Advantage – 2020 Plans Available In the US

There are 100 different Medicare Advantage plans available in the United States (in 2020).   Thirteen (13) plans became available for the first time in 2020. One (1) plan exited the market in 2020.
Source: Kaiser Family Foundation

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Average Number Medicare Advantage Plans Per-BeneficiaryMedicare Advatage plans 2020

The average Medicare Advantage beneficiary had access to 28 MA plans in 2020. That is an increase from 21 (in 2018), 19 (in 2016) and 18 (in 2014).
Source: Kaiser Family Foundation

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Medicare Supplement Insurance Fact Sheet – From 2019 Medigap Summit

Download a 1-page highlights of key Medicare Supplement data.

Reprinted from the 2019 Medicare Supplement Insurance industry conference program, published June 2019.

Click the image to access a PDF that you can download to your computer.

 

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Medicare Supplement Sales

Sales of Medigap policies continue to increase year over year.

In 2018, some 14.1 million Americans owned a Medicare Supplement insurance (Medigap) policy.

That number represents an increase compared to the 9.7 million who owned a Medigap policy in 2010.

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Who Buys Medicare Supplement Insurance

Who Buys Medicare Supplement Insurance 2016

Who Buys Medigap

Most Americans who buy Medicare Supplement insurance are married and over half (58%) are women according to the most recent data.

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What Medicare Supplement Insurance Plan Do People Select

 

 

 

 

 


Medicare Supplement insurance plan choice

Comparison to 2016
Plan F  –  60%
N  –  11%
D & G  –  13%
H, I, J — 5%
C  –  6%
A & B  –  3%
High Deductible Plan F  –  1%
K, L & M  –  1%


Top 20 States – Medicare Supplement Insurance

top states Medicare Supplement insurance

 

 

 

 

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Medicare Supplement Insurance Companies

Ranking Medicare Supplement insurers

 

There are many Medicare Supplement Insurance companies offering coverage.  Some do so on a national basis.  Others are more regional in their offerings.  For that reason, we strongly recommend consumers work with a knowledgeable Medicare Supplement agent who can help provide the most current information on available policies and share rates.   Rates can vary significantly from one insurance company to another.  But agents can’t negotiate or get you a better rate (it’s not like buying a car).  For that reason, work with someone with knowledge and experience.  That’s how to get the best options.


Excellent Medicare Supplement Insurance Statistical Resources

Finding Medicare Stats, Congressional Research Service