I ran across a good article from Modern Healthcare about what is happening with the large insurance companies as they are moving more attention to their Medicare Advantage book of business.
- Aetna has added 130,000 Medicare members since the beginning of the year, bringing Medicare Advantage membership to 1.5 million as of June 30. Their bid submission to the CMS in June included expansion efforts to reach to 60% of the Medicare population in 2018, up from 56% this year.
- Humana, who had lower CMS Medicare star ratings, is planning to have 74% of its Medicare Advantage members to be in four-star plans or higher for 2018, compared with 37% in 2017.
- As of June 30, Humana’s Medicare grew membership by 4.5% to 8.5 million members.
You can read the full article here: