4 in 10 Medicare beneficiaries expected to be on Medicare Advantage plans by 2028

FierceHealthIT

Medicare Advantage enrollment is expected to increase from 34% of the Medicare population in 2018 to 42% in 2028. Yet CBO forecasts that spending on those enrollees will grow from $200 billion to $580 billion over the same time period

CBO: Medicare spending expected to reach $1.2T in the next decade

FierceHealthIT

Starting next year, annual Medicare spending is expected to grow by an average of 7% over the next decade, exceeding $1.2 trillion by 2028, according to the CBO. Healthcare costs overall are projected to grow faster than the economy