Managed Medicare enrollment in Florida continues to grow at a fast pace. Statewide membership in Medicare Advantage (MA) plans now tops 1 million, up 12.7% from the number enrolled in April 2009. Penetration stands at 32%, up 3% from last year, as the pool of Medicare eligibles has grown at a slower rate than enrollment. Despite the addition of two new companies offering MA plans in the state, market consolidation observed in recent years also has continued as some companies scale back their plan offerings and discontinue coverage for out-of-state workers. 

This article was published in Medicare Business Online in May 2010. Copies are available to prospective clients on request.