Millions of people lost their health care coverage during the unwinding of continuous Medicaid enrollment for administrative reasons. A new federal rule seeks to prevent such losses in the future. Additionally, a study found that nearly 1 in 3 people enrolled in Medicaid in 2022, or 26 million people, were unaware of their enrollment, with an estimated 3 million believing they were uninsured. Meanwhile, CVS Health is preparing to make significant changes to its 2025 Medicare Advantage plans, which could potentially drive away 10% of its membership. Humana and Aetna are also likely to lose Medicare Advantage members. "Could we lose up to 10% of our existing Medicare members next year? That’s entirely possible. And that’s OK, because we need to get this business back on track," said CVS CFO Tom Cowhey.
How a CMS policy update could affect Medicare Advantage finances https://t.co/qa51ruKEjY
“Could we lose up to 10% of our existing Medicare members next year? That’s entirely possible. And that’s OK, because we need to get this business back on track," said CVS CFO Tom Cowhey. https://t.co/8W907rHdZt
About 73% of Illinois’ Medicaid recipients remain on the rolls after the first redetermination cycle following the COVID-19 pandemic, while approximately 660,000 recipients have been disenrolled. https://t.co/0ZxpOwQ6Np
The #ACA's Medicaid expansion resulted in an explosion of federal #Medicaid improper payments, soaring from $14.4B in 2013 to $98.7B in 2021 The primary reason: millions of people were enrolled in Medicaid without proper #eligibility reviews. #ParagonPIC #MedicaidEligibility https://t.co/QFHD3436Ky
. @cvspharmacy is closing hundreds of locations in 2024. See how it affects the employees: https://t.co/zAScbrX4XQ
. @CVS is closing hundreds of locations in 2024. See how it affects the employees: https://t.co/zAScbrX4XQ
New Rules Will Help Adults and Children Enroll — and Stay Enrolled in — Medicaid and CHIP https://t.co/KKtXFlh186 https://t.co/Vcep48aUSH
The health plan lost about 30% of its membership after the state redetermined Medicaid eligibility for millions of Texans. https://t.co/Yj0LlCKeu8
Humana, Aetna likely to lose Medicare Advantage members: execs https://t.co/wBMk7AqWAP
.@CVSHealth warns it could lose up to 10% of its members next year https://t.co/acpYkBjMO2
CVS Health is preparing to make significant changes to its 2025 Medicare Advantage plans, which could potentially drive away 10% of its membership. https://t.co/YtY7fdWiYh
Study: Nearly 1 in 3 people enrolled in Medicaid in 2022 — or 26 million people — didn’t know it. An estimated 3 million of them thought they were uninsured. Read today's @washingtonpost- KFF Health News #Health202 from @philgalewitz: https://t.co/ZpLXkAeNXC
CVS may lose a big chunk of members in its Aetna Medicare Advantage plans next year as the insurer attempts to boost profits in its insurance plans https://t.co/d4r9Faz3D1
Study: Nearly 1 in 3 people enrolled in Medicaid in 2022 — or 26 million people — didn’t know it. An estimated 3 million of them thought they were uninsured. https://t.co/ErKoo2KH7l
Millions of people lost their health care coverage during the unwinding of continuous Medicaid enrollment for administrative reasons, but a new federal rule seeks to prevent that from happening again. https://t.co/KKtXFlh186