Analysis Finds 2027 Medicare Advantage Plan Choices Narrowing
A new analysis finds that Medicare Advantage prescription drug plan availability for 2027 varies widely by county nationwide, with a modest decline in the share of enrollees who will have more than 40 MA-PD plans to choose from compared to 2026. The analysis also finds that some major insurers are exiting significantly more counties than they are entering for plan year 2027. The findings point to continued market contraction following several years of insurer pullbacks from unprofitable counties and plans. While this analysis covers Medicare Advantage rather than Medicaid, it is relevant to organizations tracking insurer market behavior and plan footprint decisions that can also affect dual-eligible populations and plans serving both Medicare and Medicaid enrollees.