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UnitedHealthcare, Humana Medicare Advantage cancellations to affect 1 million

UnitedHealthcare, Humana Medicare Advantage cancellations to affect 1 million

Summary

UnitedHealthcare and Humana are stopping some Medicare Advantage plans. About 1 million people will be affected, mostly those enrolled in Preferred Provider Organization (PPO) plans, which allow more choice of doctors.

Key Facts

  • UnitedHealthcare and Humana will cancel certain Medicare Advantage plans.
  • Around 1 million Medicare beneficiaries will lose these plans.
  • The canceled plans are mainly Preferred Provider Organization (PPO) plans.
  • PPO plans allow people to see providers outside a set network more easily.
  • Medicare Advantage plans are alternatives to original Medicare with extra benefits.
  • The changes mean affected members must find new health plans for 2024.
  • UnitedHealthcare and Humana are two of the largest Medicare Advantage providers.
  • This cancellation might require people to choose different doctors or plans soon.
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