UnitedHealthcare, Humana Medicare Advantage cancellations to affect 1M
UnitedHealthcare and Humana are ending Medicare Advantage coverage for nearly 1 million members to protect profits amid rising medical costs. The cancellations will affect about 390,000 UnitedHealth Group members and about 600,000 Humana members. Discontinued options are primarily Preferred Provider Organizations, which typically offer more flexible provider networks. When payers end these plans, they either intend to lose those customers entirely or push them toward alternative, pared-down and more profitable plans.
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- β UnitedHealthcare and Humana are dropping Medicare Advantage plans for nearly 1 million members.
- β About 390,000 UnitedHealth Group members and about 600,000 Humana members will lose coverage.
- β The discontinued plans are primarily Preferred Provider Organizations, which offer more flexible provider networks.
What changed
UnitedHealthcare and Humana confirmed the cancellation of Medicare Advantage plans impacting nearly 1 million people.
Live updates
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Insurers Cancel Medicare Advantage Plans For 1 Million
UnitedHealthcare and Humana are ending Medicare Advantage coverage for nearly 1 million members to protect profits amid rising medical costs. The cancellations will affect about 390,000 UnitedHealth Group members and about 600,000 Humana members. Discontinued options are primarily Preferred Provider Organizations, which typically offer more flexible provider networks. When payers end these plans, they either intend to lose those customers entirely or push them toward alternative, pared-down and more profitable plans.
Why it matters
Major insurance companies are trimming their offerings as medical expenses climb and profitability pressures mount. The policy terminations shrink choices for seniors ahead of the open enrollment deadline on December 7. Industry experts note that shedding these policies is a strategic effort by insurers to reshape their customer base into more lucrative segments.
What is confirmed
- UnitedHealthcare and Humana are dropping Medicare Advantage plans for nearly 1 million members.
- About 390,000 UnitedHealth Group members and about 600,000 Humana members will lose coverage.
- The discontinued plans are primarily Preferred Provider Organizations, which offer more flexible provider networks.
Still unconfirmed
- UnitedHealth Group will raise 2027 Medicare costs for seniors.
What to watch next
- The December 7 open enrollment deadline and final consumer enrollment shifts.
- Further announcements from other major insurers regarding plan adjustments for 2027.
confidence 100%Sources used for this update (15)
- nypost.com β New York Post β Breaking News, Top Headlines, Photos & Videos
- www.yahoo.com β Yahoo
- www.newsweek.com β Correction policies and requests
- nypost.com β Americaβs largest health insurance companies cancel nearly 1M Medicare Advantage plans β hereβs what that means for recipients
- fortune.com β UnitedHealthcare and Humana are ending Medicare Advantage ...
- NewsNation β UnitedHealthcare, Humana Medicare Advantage cancellations to affect 1M
- Fortune β UnitedHealthcare and Humana are ending Medicare Advantage plans for nearly 1 million people
- Cleveland.com β 2 major health insurance companies cancel Medicare Advantage plans covering 1 million people
- FOX 2 β UnitedHealthcare, Humana Medicare Advantage cancellations to affect 1 million
- Yahoo Finance β Medicare Advantage choices shrank ahead of Dec.7 deadline. John Oliver and Suze Orman say ditch it β are they right?
- Yahoo Finance β UnitedHealth Group (UNH) Will Raise 2027 Medicare Costs For Seniors
- www.yahoo.com β UnitedHealthcare, Humana Medicare Advantage cancellations to ...
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