by Carrie Haubensak | Apr 18, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Medicare Supplement market leader United Healthcare (UHC) released 1st quarter 2023 financials on April 14th, reporting a 55,000 decrease in Medicare Supplement lives in the 1st quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Apr 6, 2023 | Medicare Advantage, news
US health officials have issued a final rule that not only makes some changes to Medicare – including expanding access to behavioral health care and clarifying criteria guidelines – it cracks down on “misleading” advertisements. On Wednesday, the US Department of...
by Carrie Haubensak | Apr 6, 2023 | Medicare Advantage, news
CMS released a final Medicare Advantage payment rule that is more favorable for insurers than what the agency initially proposed. The agency announced a 3.3% increase in MA payments next year as opposed to a 1% increase put forward in an earlier draft, driven by the...
by Carrie Haubensak | Mar 23, 2023 | Medicare Advantage
The insurance industry has claimed that a potential cut to Medicare Advantage (MA) payments in 2024 could lead them to trim benefits or hike premiums for seniors next year. But some experts say the impact of the rate changes could have a negligible effect on...
by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Medicare Advantage
The COVID pandemic has disrupted longstanding trends in health spending, utilization, and employment, and created challenges for insurers to accurately predict their costs and set premiums. In the early months of 2020, use of health services dropped sharply, as...
by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Medicare Advantage, news
By the end of 2023, more than half of the total Medicare population is expected to be enrolled in Medicare Advantage (MA), which has climbed from 25.2 million members in 2020 to 31.5 million members today. Patients already have a surfeit of MA options, with the...
