Medicare Advantage market exits causing the most disruption

Eighteen insurers have exited Medicare Advantage markets for 2025, with more than 1.8 million people currently enrolled in plans that will not exist next year, according to OliverWyman.

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Market exits by Humana, Aetna, and UnitedHealthcare collectively affect nearly 70% of those 1.8 million individuals.

“It’s important to highlight that these plan exits reflect members who will not be automatically moved into other products, even if one was available,” OliverWyman analysts wrote. “While these plan exits may seem alarming, carriers in many of these markets have introduced new products or have other products that members can switch to for 2025.”

Market exits causing the most disruption:

Humana: 28%

Aetna: 26%

UnitedHealthcare: 15%

Other: 15%

Centene: 4%

Guidewell: 3%

Cambia: 2%

Premera Blue Cross: 2%

BCBS Kansas City: 2%

Elevance Health: 1%

Bright Health: 1%

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