Chartis and HealthScape Advisors, a Chartis company, have released a new report showing that the Medicare Advantage market is entering a more constrained phase after years of stronger expansion. According to the report, Medicare Advantage enrollment reached 35.4 million beneficiaries in plan
Even with that slowdown, the report suggests the sector remains in a period of strategic adjustment rather than long-term decline. Chartis and HealthScape found that many executives still expect Medicare Advantage to remain stable or continue growing at a more moderate rate, while plans increasingly focus on more targeted areas such as Special Needs Plans, where enrollment has continued to outpace the broader market. The report also points to a more concentrated competitive landscape, with a smaller group of carriers capturing much of the recent growth as others pull back and reassess their market positions.