Forbes October 1, 2023
Bruce Japsen

Health insurance companies that are the biggest players in privatized Medicare Advantage coverarge, including Cigna, CVS Health’s Aetna, Elevance Health, Humana and UnitedHealth Group are launching plans in scores of new counties for 2024.

With more than half of the nation’s eligible seniors enrolled in Medicare Advantage plans, competition continues to intensify with insurers bolstering their benefit offerings and expanding their medical care provider networks in new regions so they can expand.

“With affordability, stability and value top of mind, we expanded many of the most popular benefits to every single plan we offer, regardless of where the member lives,” Humana’s President of Medicare and Medicaid, George Renaudin, said.

Humana said its 2024 offerings — which will be listed along...

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Topics: Insurance, Medicare Advantage, Patient / Consumer, Payer, Provider
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