Medicare Advantage Market Growth Slows in Early 2025, Reports MFA

Mark Farrah Associates (MFA) reported on the state of Medicare Advantage (MA) and Prescription Drug Plan (PDP) markets as of March 1, 2025. Total enrollment in Medicare Advantage plans reached 34.6 million, with stand-alone PDPs covering over 23 million members. MFA highlights that companies utilize their Medicare Business Online™ and Health Coverage Portal™ tools to monitor market share and competitive positioning post-Open Enrollment Period (OEP).

MFA provides detailed data and analysis tools that facilitate tracking of Medicare Advantage and PDP enrollment along with benefit comparison using their Medicare Benefits Analyzer™. Their data supports insurers and industry stakeholders in making informed decisions about market strategy and competitive analysis.