PITTSBURGH–(BUSINESS WIRE)–Mark Farrah Associates (MFA), www.markfarrah.com, released an analysis presenting an assessment of the 2027 Medicare market landscape. MFA used plan information detail presented in Medicare Benefits Analyzer™, a subscription based dataset providing customers easy access to competitive Medicare.gov benefits data and Star Quality Ratings. With the 2027 Annual Election Period (AEP) well underway, health plans invested in Medicare Advantage (MA) business have been eagerly marketing their products to attract more seniors.
Some highlights include:
- MFA reported 5,884 distinct MA plan offerings are in the market lineup for the current 2027 AEP. This includes MA plans, Medicare Advantage with prescription drug plans (MAPDs), stand-alone Prescription Drug Plans (PDPs), and Special Needs Plans (SNPs).
- SNPs continue to expand, with 1,969 plans offered in 2027 compared to 1,803 in 2026.
- 323 stand-alone Prescription Drug Plans (PDPs) are being offered for 2027, a decrease from the 367 plan offerings in 2026.
- Approximately 89% of MA plans include Part D benefits.
- 70% of MA plans (excluding SNPs) are available at the under $2 plan premium level.
To read the full FREE text of “Medicare Advantage 2027 Plan Competition and Market Insights“, visit the MFA Briefs on Mark Farrah Associates’ website.
About Mark Farrah Associates (MFA)
Mark Farrah Associates (MFA) is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Our product portfolio includes Health Coverage Portal™, County Health Coverage™, Medicare Business Online™, Medicare Benefits Analyzer™, 5500 Employer Health PLUS, ASO Employer Health plus and Health Plans USA™. For more information about these products, refer to the product pages and brochures available under the Our Products section of the website (www.markfarrah.com), or call 724-338-4100.
Also, for the latest insights about health plan enrollment trends and financial performance, visit the FREE MFA Healthcare Business Strategy Briefs on the MFA website.
Contacts
Mark Farrah Associates
Ann Marie Wolfe, [email protected]
