Medicare Statistics at a Glance
- As of April 2024, approximately 67.3 million U.S. adults are enrolled in Medicare coverage, according to the Centers for Medicare and Medicaid services.
- Approximately 50.4% of beneficiaries are enrolled in a Medicare Advantage plan while the remaining 49.6% are enrolled in Original Medicare.
- The number of people enrolled in Medicare Advantage plans (provided by private insurance companies who work with Medicare) more than doubled over the past decade, increasing by over 17 million beneficiaries from 2013 to 2023, per CMS.
- Prescription drug coverage remains a priority, as 80.4% of Medicare beneficiaries are enrolled in a Medicare Part D prescription drug coverage plan. ARTICLE
