Humana and UnitedHealthcare account for nearly half of Medicare Advantage enrollment, but just 20 percent of television advertising for MA plans, according to a report from KFF published Sept. 20.
More than 9,500 Medicare Advantage-related ads aired each day over the nine-week open enrollment period in 2022, according to KFF.
Most ads were sponsored by health insurers, but about 20 percent were sponsored by brokers or other third-party entities, including marketing firms. Blue Cross Blue Shield plans accounted for around 1 in 4 MA TV advertisements in 2022, according to KFF.
Here's how the largest payers stacked up on their share of the thousands of ads hitting airwaves in 2022:
- BCBS plans
Ad share: 26 percent
Share of MA enrollment: 14 percent
- Other insurers
Ad share: 24 percent
Share of MA enrollment: 16 percent
- Centene
Ad share: 12 percent
Share of MA enrollment: 4 percent
- UnitedHealthcare
Ad share: 11 percent
Share of MA enrollment: 29 percent
- CVS Health
Ad share: 10 percent
Share of MA enrollment: 11 percent
- Cigna
Ad share: 9 percent
Share of MA enrollment: 2 percent
- Humana
Ad share: 8 percent
Share of MA enrollment: 18 percent
- Kaiser Permanente
Ad share: 2 percent
Share of MA enrollment: 6 percent