Humana prepares for ‘frustration’ over Medicare Advantage changes, 13 market exits

Becker's Healthcare September 4, 2024
Rylee Wilson

Humana will exit Medicare Advantage markets in 13 counties in 2025, CFO Susan Diamond said Sept. 4.

Speaking at an investor conference, Ms. Diamond said the company will no longer offer several plans in 2025. The exits will affect around 560,000 beneficiaries, 10% of Humana’s MA membership.

In most areas where Humana is ending plans, the insurer has another plan available, Ms. Diamond said. The company will fully exit 13 counties in 2025, Ms. Diamond said. She did not specify which counties Humana planned to exit.

“There are very few places, literally 13 counties, where we will have no presence at all — completely insignificant,” she said.

Humana expects to retain around half of the members...

Today's Sponsors

Today's Sponsor