Medicare Advantage plans are offered by private insurers, who receive a fixed payment from the U.S. government to manage healthcare for older individuals seeking additional benefits not covered by regular Medicare. Humana Unveils Medicare Advantage Plans for 2025 Humana, which will offer a total of...
The number of Humana’s Medicare Advantage plans rated 4-star or higher are expected to significantly decline in 2025. Humana has filed a lawsuit seeking to set aside and vacate the 2025 Star Ratings of its Medicare Advantage plans, but there is no assurance that the company will prevail in...
Experts discuss current trends in Medicare Advantage during the current annual enrollment period, best practices for communication, and gain clarity about the benefits and costs for both providers and beneficiaries. Read More Addressing Senior Health Needs Amid the COVID-19 Pandemic ...
Updates FY 2024 EPS guidance to 'at least $12.89' on a GAAP basis, 'at least $16.00' on an Adjusted basis; affirms FY 2024 Insurance segment benefit ratio of approximately 90 percent Raises 2024 individual Medicare Advantage annual membership growth by 40,000 to now anticipate...
The updated Humana Honor plan will offer two different Medicare Advantage plan options. Members will have access to improved benefits including $100 to $300 of over-the-counter allowances each quarter, $50 to $75 Part B premium reductions, and more dental benefits. ...
Humana said Medicare Advantage cost trends were driven up by higher-than-anticipated inpatient utilization and higher paid claims for outpatient physician services, outpatient surgeries and supplemental benefits. The higher outpatient costs are likely what dragged down the rest of the group, since that ...
“The legislation includes improvements to Medicare, especially cracking down on ghost networks in Medicare Advantage that prevented seniors from finding a physician or psychiatrist in their health plan,” he said. “There’s a lot more work to be done to improve mental health care for all Americ...
Medicare Advantage drives Humana profit above expectationsBRUCE SCHREINER
CMS recalculates Medicare Advantage stars for UnitedHealth, Centene Dec 4, 2024 After both insurers challenged the agency in court, the CMS improved scores for 12 UnitedHealth contracts and seven Centene contracts. Published Dec. 4, 2024 Listen to the article 4 min This audio is auto-generated...
Medicare expert Tricia Neuman said any move to waive costs would provide a “huge relief” to people with limited incomes. “But this may not be where the big bills are,” said Neuman, a senior vice president with the non-profit Kaiser Family Foundation. She said a Medicare Advantage custom...