Fierce Healthcare August 7, 2023
Medicare Advantage plan Alignment Healthcare is targeting significant improvements to its medical benefits ratio heading into 2024, and the company’s top brass offered investors a look at its strategy.
CEO John Kao said on the company’s earnings call last week that the insurer is “laser focused” on steps to improve its member mix next year, which is critical to reach its long-term MBR goals.
“I’d like to emphasize that we feel confident in our ability to drive our MBR lower in the second half and achieve our adjusted gross profit guidance for the full year,” Kao said on the call.
The company has seen success so far in its Care Anywhere program, which offers members...
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