According to the article “Medicare HMO Enrollment Surges 9% in Florida” by Lottie Watts and Carol Gentry Florida has more than 1 million Medicare beneficiaries enrolled in managed care plans for the first time. This is based on data recently released by the Kaiser Family Foundation.
This 9% jump in membership this year is well above the national average of 5.7%. This means that about 1/3 of beneficiaries in Florida are now in a Medicare Advantage plan. Second behind California, Florida now accounts for one in 11 beneficiaries in managed care plans across the country. Go Blue health insurance has a strong presence in Florida and is noticing the trend shifting.
The growth in this particular program is probably due to Florida plans receiving the nation’s highest average premium payments from the US government. Florida has many more plans to choose from when compared to various other states, but Humana health insurance continues to dominate the market with almost 39% of the market share. The company has been popular in the state of Florida for 25 years and places a high priority on Medicare and Medicare related products.