The Medicare Advantage (MA) market has experienced remarkable growth in recent years, with more seniors opting for the alternative to traditional Medicare. In 2024, enrollment trends continued to show substantial numbers, albeit slower than in previous years.
According to a March report from Chartis, MA enrollment likely peaked in 2020, with a significant increase of 1.5 million new Medicare enrollees compared to only 1.3 million new enrollees this past year. While MA remains a popular choice for seniors, the enrollment growth rate has tempered since 2020, indicating a potential shift in the pace of growth.
Lucas Vandenberg is CEO of Precision Senior Marketing LLC, one of the major distributors of Medicare products, life insurance, and annuities for some of the nations most recognized companies. He has held this position since 2005, leading their team of tenured senior marketers and deploying their suite of proprietary technology platforms and developing personalized marketing approaches for their agents.
Connect with Lucas on LinkedIn
Learn more about Lucas
Connect with Lucas on LinkedIn
Learn more about Lucas
Latest posts by Lucas Vandenberg (see all)
- Medicare Mastery: The Importance of Offering MA and Medigap Options - October 14, 2024
- Empowering Medicare Advantage Enrollees with Hospital Indemnity Plans - October 7, 2024
- Maximizing Healthcare Value: The Superior Benefits of D-SNPs - October 7, 2024
