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Medicare Advantage shopping season arrives with a dose of confusion and some political implications
Read full article: Medicare Advantage shopping season arrives with a dose of confusion and some political implicationsThinner benefits and coverage changes await many older Americans shopping for health insurance this fall.
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
Read full article: CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persistCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast.
CVS Health grows more cautious about 2024 as it deals with rising Medicare Advantage costs
Read full article: CVS Health grows more cautious about 2024 as it deals with rising Medicare Advantage costsBusy Medicare Advantage businesses have CVS Health and other insurance providers spooked about the new year.
Humana warns that rising care costs will persist through 2024, surprises Wall Street with forecast
Read full article: Humana warns that rising care costs will persist through 2024, surprises Wall Street with forecastHumana still doesn’t know why more people were admitted for short hospital stays than it expected late last year, and that is casting a shadow over health insurers early in 2024.
Late-year medical costs spike forces Humana to scale back profit expectations for 2023
Read full article: Late-year medical costs spike forces Humana to scale back profit expectations for 2023Shares of Humana are tumbling after the health insurer said it was still dealing with higher-than-expected care costs from its Medicare Advantage customers and it chopped earnings expectations.
UnitedHealth shares rally as health care giant beats 2Q forecasts, eases care use concerns
Read full article: UnitedHealth shares rally as health care giant beats 2Q forecasts, eases care use concernsUnitedHealth beat second-quarter expectations as an acquisition and more Medicare Advantage customers fueled revenue growth that balanced a jump in care use.
Feds expect to collect $4.7B in insurance fraud penalties
Read full article: Feds expect to collect $4.7B in insurance fraud penaltiesThe Biden administration is estimating that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the taxpayers’ tab for Medicare Advantage care.
Biden administration proposes crackdown on scam Medicare ads
Read full article: Biden administration proposes crackdown on scam Medicare adsThe Biden administration has proposed a ban on misleading ads for Medicare Advantage plans that have targeted older Americans and, in some cases, convinced them to sign up for plans that don’t cover their doctors or prescriptions.
Medicare enrollees warned about deceptive marketing schemes
Read full article: Medicare enrollees warned about deceptive marketing schemesWith Medicare’s open enrollment underway, health experts are warning older adults about an uptick in misleading marketing tactics that might lead some to sign up for Medicare Advantage plans that don’t cover their doctors or prescriptions and drive up their out-of-pocket costs.
Money Minute: Understanding Medicare Advantage plan
Read full article: Money Minute: Understanding Medicare Advantage planIf you’re signing up for Medicare soon, it’s important to know how to pay for the things that the original Medicare plan does not pay for, like co-pays, co-insurance and deductibles.
Money Minute: Medicare does not cover all payments -- what to know
Read full article: Money Minute: Medicare does not cover all payments -- what to knowIf you’re signing up for Medicare soon, it’s important to know how to pay for the things that the original Medicare plan does not pay for, like co-pays, co-insurance and deductibles.
Money Minute: Understanding Medicare Advantage, the more expensive option
Read full article: Money Minute: Understanding Medicare Advantage, the more expensive optionWe’re taking a special look at to the elements of Medicare and what you need to know before signing up. In this segment, we’re covering Medicare Advantage -- a more expensive health care option.
UnitedHealth tops Q1 forecasts, raises 2022 outlook
Read full article: UnitedHealth tops Q1 forecasts, raises 2022 outlookUnitedHealth Group delivered a better-than-expected first quarter and raised its 2022 forecast, as growth in Medicare Advantage coverage and care delivery once again helped the health care giant.
Insurer Humana moves deeper into home care with $5.7B deal
Read full article: Insurer Humana moves deeper into home care with $5.7B dealHumana is spending $5.7 billion to jump deeper into delivering care at home, a trend that took off during the pandemic and one the health insurer expects will continue to grow.
Here’s how you can ensure you have adequate health coverage, and ways you can save money
Read full article: Here’s how you can ensure you have adequate health coverage, and ways you can save moneyDr. Alan Smith from WellCare talked with Jason Carr to help explain Medicare, Medicare Advantage, and what people can get covered. Medicare is the baseline federal health insurance program available for seniors and those with certain disabilities. Medicare Advantage includes Medicare Part A, B and D, plus additional benefits. Plans through Medicare Advantage can lessen out-of-pocket expenses, and can include benefits for hearing, dental and vision, depending on a plan. “We want to make sure every senior has adequate coverage, especially during the pandemic,” Smith said.