Health insurance companies' stocks fell as regulators maintained the final rates for private Medicare Advantage plans, resulting in a 3.70% payment increase to MA plans and capping Medicare Part D out-of-pocket costs at $2,000 for CY 2025. Despite lobbying for an increase, the Biden administration stuck with slight cuts to 2025 Medicare Advantage payments, leading to a 0.16% average decrease. Insurers are facing pressure from rising medical costs and reduced government payments, causing stock declines and concerns about benefit reductions in 2025.
Facing higher costs and government pricing pressure, Medicare Advantage is set for its own shrinkflation moment. Via @WSJ https://t.co/NO31eOE3zy
The Medicare Advantage industry and its investors are declaring doomsday too prematurely in response to the government’s surprisingly modest increase in payments for 2025, @JonathanJLevin says https://t.co/x4EoNDljh9 via @opinion
The Medicare Advantage industry and its investors are declaring doomsday too prematurely in response to the government’s surprisingly modest increase in payments for 2025, @JonathanJLevin says https://t.co/NrP1OsXhHo
Health stocks are hurting on 2025 Medicare Advantage rates. "I actually think this is going to drive the industry to reduce the benefits that they're offering seniors in 2025 and we're going to see substantial margin improvement in 2025," TD Cowen analyst Gary Taylor says. https://t.co/puHILA6LFn
A horror for healthcare has unfolded in the stock market today, marked by a sea of red, particularly for the health insurance companies doing business in Medicare Advantage plans. This plunge is in addition to the substantial losses experienced yesterday, April 1, 2024. For… https://t.co/NPeakqRQ5c
Coming up on @PowerLunch.. I'll have a look at why $HUM hit a 4-year low today, after disappointing @CMSGov Medicare Advantage 2025 rate announcement pressures health insurers. https://t.co/Mt3YgXcuei
Health insurer stocks took hits across the board today after the Centers for Medicare & Medicaid Services effectively lowered its Medicare Advantage payment rate. @berthacoombs joins to report the details. $CVS $CNC $ELV $CI https://t.co/cmqbCPzEhu
The Biden administration on Monday followed through on its proposal to cut next year's base payments to Medicare Advantage plans an average of 0.16%, despite pressure from insurers and their allies in Congress. https://t.co/GkM2nCDRhf
Health insurers are tumbling after US regulators didn’t boost payments for private Medicare plans. Only once in the past 10 years have final rates not improved from regulators’ initial proposals, according to research from JPMorgan. https://t.co/MIU1gEyqyD by @jtozz https://t.co/uEKgtIlwcS
Heard on the Street: Medicare Advantage plans had already been facing an unusual rise in medical costs. Now, the payments they get from the government also are squeezing them from the other side. https://t.co/JGR9UcCF8F https://t.co/JGR9UcCF8F
Medicare Advantage plans to see 2025 base pay fall https://t.co/NC0kHdQWMj @mayagoldman_
Biden administration sticks with slight cuts to 2025 Medicare Advantage payments despite insurers' lobbying for an increase https://t.co/7MTX6ZXvol via @statnews
Final 2025 Medicare Advantage payment rates are here. Health insurers are gonna be incensed. Insurers whined and begged for Medicare to look at their medical cost data, and the federal gov't told them to chill out with that noise. https://t.co/ki3xkDmB0U
Shares of health insurance companies fell after regulators aid the final rates for those selling private Medicare Advantage plans will be the same as the government’s initial proposal in January. https://t.co/pDmRty3HQy
🚨 $CVS $UNH $CI $HUM Selling off because the CMS announcement for CY 2025 introduces significant changes to Medicare Advantage and Part D payment structures, including a 3.70% increase in payments to MA plans and a cap on out-of-pocket costs for Medicare Part D at $2,000. These…