United, Humana Medicare Advantage Plan Cuts Expected to Hit 1M Americans
Summary
Nearly one million Americans enrolled in Medicare Advantage plans with UnitedHealthcare and Humana will be impacted by the companies cutting certain plans for 2027. These changes, which will take effect after December 31, may require affected people to switch plans or return to Original Medicare, possibly changing their costs and coverage.Key Facts
- About 390,000 UnitedHealthcare members and 600,000 Humana members will lose their current Medicare Advantage plans.
- Medicare Advantage is a type of Medicare coverage managed by private insurers and is used by roughly 34 million people in 2027.
- The affected plans will end on December 31, 2026.
- Beneficiaries can switch plans during Medicare’s open enrollment period from October 15 to December 7.
- If people do not select another plan, they will return to Original Medicare, which may not include prescription drug coverage automatically.
- Changing plans can affect which doctors are covered, what medications are paid for, and could increase out-of-pocket costs.
- UnitedHealthcare’s cuts mainly affect PPO plans, which allow more flexibility in choosing healthcare providers.
- UnitedHealthcare says the plan changes are to keep their offerings sustainable while maintaining key benefits like no premiums and low copays.
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