Healthcare Innovation October 2, 2024
Humana shares slid 10 percent on Wednesday, based on Medicare Advantage quality ratings advisement
Shares slid more than 10 percent on Wednesday in the Louisville-based Humana, based on the health insurer’s warning that its quality ratings in the Medicare Advantage plan were being downgraded by the Centers for Medicare & Medicaid Services (CMS). Writing in The Wall Street Journal on Oct. 2, Anna Wilde Mathews and Colin Kellaher stated that “Humana said it has about 25% of its members currently enrolled in plans rated four stars and above for 2025 based on preliminary 2025 Medicare Advantage ratings data from the Centers for Medicare & Medicaid Services. The quality ratings, on a scale of one to five stars, are tied to...