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Mmastodon BusinessEconomy first seen 11 h ago, last 29 min ago, peak #8

Major insurers cut Medicare Advantage plans, raise costs

Original: # HealthCare "major insurers broadly reduced their plans while increasing cost sharing for enrollees in the plans that r

New data shows major insurers have broadly reduced their Medicare Advantage plan offerings while increasing cost sharing on the plans that remain. As a result, hundreds of thousands, if not millions, of beneficiaries could see their current Medicare Advantage plan eliminated, forcing them to find new coverage or accept higher out-of-pocket costs.

Why now: Fresh data on shrinking Medicare Advantage options is drawing attention as beneficiaries face losing their plans or paying more.

Medicare AdvantageUS health insurers

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Rank over time, top of the chart is #1. 9 snapshots from 11 h ago to 29 min ago.

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