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Health insurance gross margins chart Annual gross margins of Medicare Advantage plans averaged $1,608 per covered person between 2016 and 2018–about double the gross margins for the ACA and employer-based group markets.

As some presidential candidates have begun proposing Medicare Advantage-type plans as a way to implement Medicare for All, a new study finds those plans are likely more profitable for private insurers than employer-sponsored plans or the plans on Obamacare’s individual market.

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