More Carriers To Reduce MA Footprint in 2027
Humana and Centene both announced they will reduce their Medicare Advantage (MA) footprint in 2027. Centene will exit in Oklahoma, Tennessee, and Hawaii, cut 158 counties and cancel 133 plans, impacting 340,000. Humana will reduce its county penetration and impact 600,000. All this is tied to a retrenchment to get to profitability.
#medicareadvantage #margins #enrollment
https://www.modernhealthcare.com/insurance/mh-centene-medicare-advantage-plans-states
Aon Says Employer Healthcare To Rise Almost 10%
A clear data point that healthcare costs remain out of control. Aon estimates that employer healthcare costs will rise 9.5% in 2027, averaging more than $19,000 per employee. Aon says the surge is tied to higher patient volumes, more individuals with chronic conditions, and more expensive prescription drugs. Hikes were 9.5% in 2026, 9% in 025 and 8.5% in 2024.
Additional article: https://www.modernhealthcare.com/insurance/mh-employer-healthcare-costs-2027-aon/
#employercoverage #costs #healthcare
Oregon Approves Huge Exchange Premium Surge
Oregon regulators approved an average 21.6% for 2027 individual Exchange plans. For small group, the state approved an average hike of 15.5%. The surge is tied to healthcare costs and risk changes due to the enhanced premium subsidy expiration. Regulators are budgeting an additional $15 million in reinsurance funds to offset anticipated higher-than-usual claims costs next year.
#exchanges #healthcare #coverage
— Marc S. Ryan
