March 22, 2023
Insurers with Medicare Advantage (MA) business and prescription drug plans (PDPs) compete by offering new pricing and product options to beneficiaries during the Annual Election Period (AEP), which runs annually from October 15th through December 7th. Many companies conduct their post-enrollment period competitive assessments by using tools such as Mark Farrah Associates’ (MFA) Medicare Business Online™ and Health Coverage Portal™. This brief illustrates year-over-year MA and PDP enrollment trends.
Stay tuned for next month’s Healthcare Strategy report that will discuss this topic in more detail. As always, MFA will continue to report on important plan performance and competitive shifts across all segments.
About this Data
This brief is based on an analysis of enrollment data for Medicare Advantage (MA) and prescription drug plans (PDPs) released by the Centers for Medicare & Medicaid Services (CMS). Mark Farrah Associates’ Medicare Business Online™ simplifies the tracking of monthly MA and PDP enrollment by competitor. Enrollment data is updated monthly as soon as CMS releases new data.
About Mark Farrah Associates (MFA)
Mark Farrah Associates (MFA) is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Our product portfolio includes Health Coverage Portal™, County Health Coverage™, Medicare Business Online™, Medicare Benefits Analyzer™, 5500 Employer Health PLUS, and Health Plans USA™. For more information about these products, refer to the informational videos and brochures available under the Our Products section of the website or call 724-338-4100.
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