Medicare Advantage plans may cut extra benefits in 2027
Updated
Updated · Reuters · May 1
Medicare Advantage plans may cut extra benefits in 2027
10 articles · Updated · Reuters · May 1
After the government set an average 2.48% payment rise, Humana warned members could lose gym, vision and dental benefits, with investors expecting rivals including UnitedHealthcare and Aetna to follow.
Executives say the rates remain inadequate, so insurers may also leave some regions to protect margins and discourage higher-cost members from staying in their plans.
Medicare Advantage covers about half of 70 million Medicare beneficiaries, and plan changes announced before October enrollment could raise out-of-pocket costs and create political backlash ahead of U.S. midterm elections.
As insurers trim popular perks, what is the future value of Medicare Advantage over traditional government-run Medicare?
Why are Medicare Advantage benefits being cut despite plans receiving projected overpayments of over one trillion dollars?