Increasingly, Medicare Advantage plans are serving more Medicare beneficiaries than ever. More than 22 million Medicare beneficiaries enrolled in a Medicare Advantage plan in 2019, a full 34% of those eligible for the health insurance program. This MedicareWire report offers a brief overview of the Medicare Advantage program for plan year 2020, based on its analysis of the Landscape Source Files from the Centers for Medicare and Medicaid Services (CMS).   Medicare Advantage Plan AvailabilityInfogram Number of Plans Available Nationwide, there are 3,148 private health plans available under the Medicare Advantage program. This represents an increase of 414 plans over plan year 2019, marking three straight years of steady growth. On average, beneficiaries can choose from a pool of 28 plans in their area in 2020, up from 24 in 2019. For those who qualify, the availability of Special Needs Plans (SNPs) increased to 855 plans in 2020, up from 717 in 2019. Number of Insurance … [Read more...]