article thumbnail

Trends shaping the business of health insurance in 2024

Healthcare Dive

Medicare Advantage enrollment will swell, with fewer sweeping regulatory changes. Here’s what experts see coming down the pike for 2024. The uninsured rate will rise. Major pharmacy benefit managers will launch more transparent products.

article thumbnail

CMS revised Medicare Advantage star ratings. Here’s which payers benefited.

Healthcare Dive

More than 60 Medicare Advantage health plans from 40 insurers have received a higher star rating for 2024, according to a Healthcare Dive analysis.

Medicare 299
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CMS finalizes 2024 Medicare hospital, doctor payments, 340B fix and price transparency requirements

Healthcare Dive

Regulators finalized a number of rules Thursday with sweeping implications for providers in the Medicare program, including rates for next year that doctors and hospitals slammed as insufficient.

Doctors 309
article thumbnail

Share of MA, Part D plans earning top star ratings drops in 2024

Healthcare Dive

About 42% of Medicare Advantage plans that offer prescription drug coverage in 2024 earned four or more stars, compared with just over half this year.

Medicare 325
article thumbnail

CVS slashes 2024 outlook — again — as Medicare seniors drive spending

Healthcare Dive

Runaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to patterns we have not seen since the start of the pandemic,” its CFO said.

Medicare 328
article thumbnail

CVS cuts 2024 outlook on Medicare Advantage caution

Healthcare Dive

The insurer on Wednesday joined its peers in slamming proposed MA payment rates as insufficient given the dogged increase in medical costs.

Medicare 290
article thumbnail

Medicare Advantage rate change bedevils UnitedHealth’s 2024 outlook

Healthcare Dive

UnitedHealth’s MA growth could be depressed next year thanks to a rate notice from the CMS that’s deeply unpopular with insurers, management said during their investor day.

Medicare 306