Health Insurers Tumble as Final Medicare Advantage Rates Disappoint Yahoo Finance

News Source : Yahoo Entertainment

News Summary

President Joe Biden’s administration held firm on proposed Medicare Advantage rates Monday
That means health insurers are now facing lower payments than they’d anticipated for 2025
The 2025 plans will hit the market in October, just weeks before the presidential election
Humana, which gets most of its revenue from Medicare, fell to its lowest point in four years

(Bloomberg) Health insurance stocks fell sharply in premarket trading on Tuesday after US regulators didnt boost payments for private Medicare plans like the industry had come to expect.Most Rea [+3710 chars]

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