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CMS Projects Medicare Advantage Enrollment Drop to 34 Million

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Story summary
  • CMS projects Medicare Advantage enrollment to drop to 34 million in 2027.
  • Weighted-average MA premium is expected to fall from $14.37 to $12, a >16% decrease.
  • Total MA plans will decline from 5,553 in 2026 to 5,532 in 2027.
  • UnitedHealthcare will cut about 690 plans, Humana 2,400, and Centene 3,000.
  • Average prescription-drug premium in MA plans is projected to drop about 38% in 2027.