In a Sept. 26 news release, MVP Health Care, a Schenectady, N.Y.-based insurer, said it will no longer offer UVM Health Advantage, a co-branded plan with University of Vermont Health, in Vermont.
UVM Health Advantage will still be available in five upstate New York counties in 2025.
In its news release, MVP Health Care said Medicare Advantage is no longer sustainable in Vermont “given sharply increasing post-pandemic surges in care utilization and difficult regulatory changes on the horizon in 2025.”
UVM Health Advantage is the latest Medicare Advantage plan shuttering or scaling back in 2025.
Southwestern Health Resources, a joint venture between UT Southwestern Medical Center and Texas Health Resources, will end its Care N’Care Medicare Advantage plan in 2025.
Earlier this year, Blue Cross and Blue Shield of Kansas City said it would exit the MA market at the end of 2024, also citing increasing regulatory requirements and financial headwinds.
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