More MA Plans, Benes Expected In 2021, Average Premiums Fall Slightly

By Michelle M. Stein / September 24, 2020 at 5:51 PM
The average monthly Medicare Advantage premium is expected to drop by just under $3.00 in 2021 compared to this year, CMS said Thursday (Sept. 24) , coming to $21.00 per month. More than 4,800 plans are expected to participate in MA for 2021. CMS projects that MA enrollment will reach an all-time high in 2021 with almost 27 million beneficiaries -- about 42% of those on Medicare -- expected to choose MA, up from 24.4 million in 2020. The agency...


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