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UnitedHealthcare, Humana end Medicare Advantage plans for 1M people

UnitedHealthcare and Humana are discontinuing Medicare Advantage plans, affecting nearly 1 million beneficiaries in 2027. This move by the two largest Medicare Advantage providers is attributed to rising medical costs and utilization, prompting insurers to prioritize profit over growth. Consequently, enrollees may face reduced benefits, increased cost-sharing, and fewer $0 premium options. AI

RANK_REASON Major payers are withdrawing from a significant government health insurance program, impacting a large number of beneficiaries. [lever_c_demoted from significant: ic=1 ai=0.0]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

UnitedHealthcare, Humana end Medicare Advantage plans for 1M people

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Major payers are withdrawing from a significant government health insurance program, impacting a large number of beneficiaries. [lever_c_demoted from significant: ic=1 ai=0.0]
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Caroline Catherman, Healthcare Brew ·

    UnitedHealthcare and Humana are ending Medicare Advantage plans for nearly 1 million people

    When payers end a plan, they either want to lose those customers altogether or get those customers to switch to a different, typically pared down and more profitable plan, Brooks Conway, a principal at Oliver Wyman actuarial consulting, told Healthcare Brew.