Clover Health reported 53% year-over-year growth in Medicare Advantage PPO membership, according to a Jan. 14 news release from the insurer.
The growth translated to roughly 153,000 members, building on positive traction from 2025. The company is now expecting to reach full year GAAP net income profitability for the first time. Its first profitable quarter took place in 2024.
The insurer also said it retained more than 95% of annual enrollment period members, with over 97% of membership in its flagship PPO as of Jan. 1.
The update comes after Alignment Healthcare shared a 31% year-over-year membership increase. Both companies reported strong MA interest going into 2025, as well.
The success follows a slew of insurers exiting their Medicare Advantage businesses amid shifting regulations and concerns over coding intensity.
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