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Private MA enrollment could grow to over 37M by 2025, report says

The number of seniors enrolled in private Medicare Advantage plans is expected to grow to more than 37 million in 2025, accounting for 47% of total Medicare beneficiaries, and this share could further increase to up to 70% by 2040, according to a report from L.E.K. Consulting. The growth can be attributed to the rising number of baby boomers becoming eligible for Medicare and regulatory changes that permit MA plans to cover more supplemental benefits, the report says.

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