Nearly 3 in 4 health plans reported losses in 2025. Our annual analysis reveals how long-term competitiveness depends on preserving capital, managing medical cost trend, and investing in capabilities.
Against a backdrop of regulatory uncertainty, Medicare Advantage leaders are prioritizing resilience through transformation, with cautious optimism for the year ahead.
Our 2026 Medicare Advantage competitive enrollment report analyzes trends that depict a market reset. We discuss five key takeaways and actions for health plans.
