The average Medicare Advantage beneficiary can choose from a total of 43 plans for the 2024 enrollment period, the same number of plan options as 2023, according to data from KFF published Nov. 8.
Until 2024, the number of plan choices has risen every year since 2018. Even so, 43 plans is the largest number of Medicare Advantage plans enrollees have ever had to choose from.
The stagnation of plan choices comes as several major healthcare systems, including San Diego-based Scripps Health and Louisville, Ky.-based Baptist Health, have terminated their Medicare Advantage contracts for the upcoming enrollment year.
The number of Medicare Advantage plans available to beneficiaries yearly since 2010:
2010: 30
2011: 18
2012: 19
2013: 19
2014: 17
2015: 17
2016: 18
2017: 18
2018: 20
2019: 24
2020: 28
2021: 33
2022: 38
2023: 43
2024: 43