Enrollment in Medicare Advantage startup plans grew 18% from 2023 to 2024, according to a March 5 analysis from Chartis.
Startup plans make up a small slice of the MA market, at 2% in 2024, according to the report. Alignment Healthcare and Devoted Health boast the largest share of the startup market, each enrolling over 100,000 members.
Here are the five startups with the largest growth rates in 2024:
- Gold Kidney Health Plan
2024 membership: 700
2023 to 2024 growth: 272.8% - Clever Care
2024 membership: 19,800
2023 to 2024 growth: 82.7% - Devoted Health
2024 membership: 198,600
2023 to 2024 growth: 59% - Welbe Health
2024 membership: 1,700
2023 to 2024 growth: 44.1% - Zing Health
2024 membership: 8,700
2023 to 2024 growth: 35.3%