Reported 6 months ago
Humana and CVS, two major Medicare Advantage insurers, are planning to reduce plan benefits and presence in 2025. This shift could lead to hundreds of thousands of seniors and billions in revenue being up for grabs, creating an opportunity for other insurers. UnitedHealth is predicted to benefit most due to its strong positioning. Challenges like slow growth, high utilization costs, and government payment changes are pressuring insurers to make tough decisions, potentially leading to significant industry changes in the coming year.
Source: YAHOO