Number of Medicare Advantage plans 2010-2023, by plan type
In 2023, among the 3,998 total Medicare Advantage plans available, nearly two-thirds were HMO plans. The number of Medicare Advantage plans, the private plan alternative to traditional Medicare, has increased in the recorded time period. MA plans also often provide prescription benefits to the beneficiary. This statistic depicts the numbers of available Medicare Advantage plans generally available from 2010 to 2023, by plan type.
