From premium decreases and study findings to star ratings and plan expansions, here are 14 Medicare Advantage stories Becker's has reported since Sept. 12.
- Monthly premiums for Medicare Advantage plans are expected to decrease around 8 percent next year, CMS said Sept. 29. AHIP President Matt Eyles lauded the decrease in a statement.
- Cone Health and Novant Health signed an agreement to co-own HealthTeam Advantage — a Medicare Advantage company owned by Cone Health, which will retain a majority stake, Becker's reported Sept. 29.
- Carle Health in Urbana, Ill., said it won't commit to treating Aetna Medicare Advantage members, the only health plan offered to Illinois state retirees, until it has a contract with the insurer, The News-Gazette reported Sept. 28.
- RiseDelaware, a retiree advocacy group, is suing the state over its decision to move retired state employees to a Medicare Advantage plan managed by Highmark Delaware, Delaware Public Radio reported Sept. 27.
- A new study from AHIP found fee-for-service Medicare members spend about 7 percent more on average for healthcare compared to Medicare Advantage members, Becker's reported Sept. 22.
- CVS Health/Aetna saw the biggest increases in Medicare Advantage members in the first half of 2022 out of the major payers, Becker's reported Sept. 21.
- Lumeris, a St. Louis-based managed services provider, has named Umar Farooq as president of its Medicare Advantage plan, Essence Healthcare, the insurer said Sept. 20.
- The American Hospital Association is asking Congress to add more oversight of Medicare Advantage plans, Becker's reported Sept. 20.
- A Kaiser Family Foundation review of 62 studies found few major differences between traditional Medicare and Medicare Advantage plans.
- Medicare Advantage plan star ratings hit their highest-ever levels in 2022 — but plans shouldn't expect these increases to continue, McKinsey analysts warned in a Sept. 15 report.
- Humana executives told investors Sept. 15 the insurer is looking to match or exceed other payers that have outpaced it in Medicare Advantage growth over the last year, WDRB reported.
- NextBlue of North Dakota is continuing to expand its Medicare Advantage plans, NBC/FOX affiliate KFYR reported Sept. 14.
- Enrollees in Medicare Advantage were less likely to receivelow-value care than those enrolled in traditional Medicare, a study published Sept. 9 in JAMA Network Open found.
- Mass General Brigham Health Plan will begin offering new Medicare Advantage plans in 2023, Becker's reported Sept. 12.