Humana, UnitedHealthcare ending Medicare Advantage plans for 1 million seniors, insurers say
UnitedHealthcare and Humana are ending Medicare Advantage plans for nearly 1 million members heading into 2027. The industry cuts stem from escalating medical costs and a spike in healthcare utilization as major health insurance providers scale back coverage options. Seniors affected by the plan discontinuations face a scramble to secure alternative health and drug coverage during open enrollment, with millions more nationally required to select new plans to avoid losing crucial benefits like Part D coverage.
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- ✓ UnitedHealthcare and Humana are dropping Medicare Advantage plans for nearly 1 million members.
- ✓ The plan cancellations are driven by rising medical costs and a spike in utilization.
- ✓ Medicare Advantage plan changes are reshaping benefits for the 2027 coverage year.
What changed
UnitedHealthcare and Humana confirmed the elimination of Medicare Advantage plans affecting nearly 1 million individuals to manage rising medical costs.
Live updates
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Insurers End Medicare Advantage Plans for Nearly 1 Million Seniors
UnitedHealthcare and Humana are ending Medicare Advantage plans for nearly 1 million members heading into 2027. The industry cuts stem from escalating medical costs and a spike in healthcare utilization as major health insurance providers scale back coverage options. Seniors affected by the plan discontinuations face a scramble to secure alternative health and drug coverage during open enrollment, with millions more nationally required to select new plans to avoid losing crucial benefits like Part D coverage.
Why it matters
Private insurers are adjusting their market offerings as rising patient care costs squeeze profit margins. These reductions arrive as seniors navigate open enrollment periods while facing shrinking regional options and reported inaccuracies in provider directories. Beneficiaries who overlook official termination notices risk starting the upcoming year without vital prescription drug protection.
What is confirmed
- UnitedHealthcare and Humana are dropping Medicare Advantage plans for nearly 1 million members.
- The plan cancellations are driven by rising medical costs and a spike in utilization.
- Medicare Advantage plan changes are reshaping benefits for the 2027 coverage year.
Still unconfirmed
- About 3.2 million Medicare Advantage members must pick new plans for 2027 and risk losing Part D coverage if they ignore termination letters.
What to watch next
- Updates on open enrollment deadlines and regional insurance availability for affected counties.
- Further announcements from other major health insurance providers regarding additional Medicare Advantage plan modifications.
confidence 100%Sources used for this update (15)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
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- www.newsweek.com — Correction policies and requests
- flipboard.com — Beloved singer’s wife killed after welcoming robbery suspects with lemonade
- nypost.com — America’s largest health insurance companies cancel nearly 1M Medicare Advantage plans — here’s what that means for recipients
- Cleveland.com — 2 major health insurance companies cancel Medicare Advantage plans covering 1 million people
- www.mogazmasr.com — Medicare Advantage Plan Discontinuation By Unitedhealthcare And Humana Hits Nearly 1 Million — Mogaz
- CBS News — Humana, UnitedHealthcare ending Medicare Advantage plans for 1 million seniors, insurers say
- PBS — Medicare Advantage cuts leave millions scrambling to find coverage
- HeraldNet.com — UnitedHealthcare directory inaccurate amid open enrollment
- Star Tribune — Why Minnesota seniors face the nation’s biggest health insurance shake-up
- Brainerd Dispatch — Medicare options shrink for Crow Wing, Wadena counties in 2027
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