One of the nation’s top providers of medicare supplement insurance is set to offer Medicare advantage plans beginning in 2019. Mutual of Omaha, through a partnership with Lumeris, will offer Medicare Advantage plans to Medicare beneficiaries in select markets.
Medicare Advantage Plans are gaining in popularity with almost one third of Medicare beneficiaries choosing this option. Despite this already large number, the Kaiser Family Foundation is expecting enrollment to climb to 41% by 2027.
The majority of individuals who enroll in Medicare Advantage plans are in urban areas where there are strong provider networks. Rural areas continue to be dominated by Medicare Supplement Plans, with Plan F being the clear-cut favorite.
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