Becker's Healthcare July 29, 2024
Six insurers are exiting Medicare Advantage markets in 2025, a number that is likely to grow in the fall.
There are 3,959 Medicare Advantage plans available nationwide in 2024. The average number of plans available to beneficiaries is 43, unchanged from 2023.
Six insurers exiting Medicare Advantage markets in 2025:
Centene will exit a handful of unspecified Medicare Advantage markets, CEO Sarah London said July 26. On social media, MA brokers have discussed WellCare MA prescription drug plans being discontinued in six states: Alabama, Massachusetts, New Hampshire, New Mexico, Rhode Island and Vermont — Centene did not respond to a request for comment.
Clear Spring Health will withdraw its Medicare Advantage prescription drug plans from South Carolina and Virginia, Becker’s...