News Report | November 24, 2019
2020 Medicare Advantage Open Enrollment Features 3,148 Plans; Up 15% From 2019
During the 2020 Medicare Advantage enrollment season, a total of 3,148 plans are available to beneficiaries. For the 2020 plan year, there are 15% more plans (414 more plans) for beneficiaries to choose from. The average beneficiary will be able to choose from 28 Medicare Advantage plans offered by seven insurers. About 90% of the plans will include prescription drug coverage. About two-thirds of plans (64%) are structured as health maintenance organizations (HMOs).
In metropolitan counties, beneficiaries can choose from an average of 31 plans. Beneficiaries in non-metropolitan counties can choose from an average of 16 plans . . .