Want to see CLOV full AI Analyst Report?
Medicare Advantage Members
Counts the seniors enrolled in Clover’s Medicare Advantage plans. Rising membership fuels premium revenue and helps spread fixed costs, while retention and member risk mix directly affect profitability and claims volatility. Rapid growth can signal sales momentum and network reach, but poor underwriting or adverse selection can quickly erode margins.Membership stalled after the 2022 expansion and experienced attrition through 2023/early 2024, but re‑accelerated sharply in 2025 — a trend management says continued into Q1 2026 with >50% YoY growth. This validates better AEP execution, retention and concentrated market wins (e.g., NJ PPO leadership) and explains the operating‑leverage tailwinds in SG&A and cohort economics. Key risks: elevated outpatient utilization, Part D dynamics and how newer cohorts mature, which could erode near‑term margin gains despite the scale benefits.
Date | Medicare Advantage Members |
|---|---|
Jun 30, 2026 | 156.84K |
Mar 31, 2026 | 154.61K |
Dec 31, 2025 | 113.80K |
Sep 30, 2025 | 109.23K |
Jun 30, 2025 | 106.32K |
Mar 31, 2025 | 103.42K |
Dec 31, 2024 | 82.66K |
Sep 30, 2024 | 81.11K |
Jun 30, 2024 | 80.26K |
Mar 31, 2024 | 79.53K |