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Employee Benefits

Medicare Advantage insurers expected to reduce offerings due to costs

May 06, 2024 Reprints

Medicare Advantage insurers, including Aetna Inc. and Humana Inc., are planning to reduce their plan offerings in 2025 due to lower reimbursement rates from the Centers for Medicare & Medicaid Services and increasing medical costs, Becker’s Payer Issues reports. Aetna's CEO, Brian Kane, stated that the company will prioritize profitability over membership growth, potentially leading to a significant decrease in membership.

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Medicare Advantage insurers expected to reduce offerings due to costs

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