The Medicare program continues to offer sustainable, long-term growth, and opportunities. Over the next ten years it is expected that approximately 40 million individuals will turn age 65 and that the Medicare population will grow from 68.6 million beneficiaries to 81.3 million beneficiaries. This means that nearly 14 million more individuals will be added to the Medicare program over the next 10 years, a 19% increase. Beyond 2035, an additional 2 million eligibles are projected to be added by 2040.
After several years of sizable decreases in Medicare Supplement enrollments, the decline slowed in 2024. Now, in 2025 enrollment has returned to growth for the first time since 2020. Policy counts grew by an impressive 1.7% in 2025. It is projected that growth will continue steadily in future years, creating robust opportunities in the Medicare Supplement market.
The Medicare program continues to offer sustainable, long-term growth, and opportunities. Over the next ten years it is expected that approximately 40 million individuals will turn age 65 and that the Medicare population will grow from 68.6 million beneficiaries to 81.3 million beneficiaries. This means that nearly 14 million more individuals will be added to the Medicare program over the next 10 years, a 19% increase. Beyond 2035, an additional 2 million eligibles are projected to be added by 2040.
After several years of sizable decreases in Medicare Supplement enrollments, the decline slowed in 2024. Now, in 2025 enrollment has returned to growth for the first time since 2020. Policy counts grew by an impressive 1.7% in 2025. It is projected that growth will continue steadily in future years, creating robust opportunities in the Medicare Supplement market.