Forbes July 4, 2022
Health insurers are already making moves to expand their Medicare Advantage markets for 2023 despite uncertain financial markets and scrutiny of certain business practices.
These efforts to expand their privatized Medicare plans into new states and counties come despite roiled financial markets that could slow funding for some companies and federal investigations into how these companies calculate risk adjustments and bill for sicker patients.
In the coming weeks, established health insurers including UnitedHealth Group’s UnitedHealthcare, CVS Health’s Aetna, Cigna and Elevance Health, formerly Anthem, are expected to report strong second quarter performance of their Medicare Advantage operations. Meanwhile, startups and smaller regional health plans are using funds from their financial backers and investors to launch expansion into new markets for...
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