by Carrie Haubensak | Aug 24, 2023 | Medicare Advantage, news
Insurers often negotiate hospital prices for their commercial health plans that are up to five times the Medicare Advantage price, a study published in Health Affairs found. It was already a well-established pattern that commercial plans pay more than Medicare...
by Carrie Haubensak | Aug 24, 2023 | Medicare, Medicare Advantage, Medicare Supplement, news
The Centers for Medicare & Medicaid Services (CMS) announced today that the Medicare Shared Savings Program saved money for Medicare while continuing to support high-quality care. Specifically, the program saved Medicare $1.8 billion in 2022 compared to spending...
by Carrie Haubensak | Aug 17, 2023 | Insurance Industry, Medicare Advantage
Star ratings bonuses jumped 30% from 2022 to 2023 to reach $12.8 billion, according to the KFF, as the Medicare program faces a growing spending crisis. Federal spending on Medicare Advantage bonus payments has risen every year since 2015, and will reach at least...
by Carrie Haubensak | Aug 17, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 2nd Quarter 2023 Financial results. eHealth Medicare Segment 2nd Quarter 2023 Enrollment Highlights: Medicare Advantage new approved members...
by Carrie Haubensak | Aug 10, 2023 | Insurance Industry, Medicare, Medicare Advantage
Summary: Healthcare merger and acquisition activity hit a three-year low in the second quarter of this year, according to a report by accounting firm and consultancy KPMG. The analysis tallied 245 deals in the second quarter of 2023, a decrease of 7% compared to the...
by Carrie Haubensak | Aug 2, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 2nd quarter 2023 Medicare Supplement lives of 294,300, up slightly from the result at 1st quarter 2023 and down 7.3% compared to 2nd quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. ...
