Becker's Healthcare May 3, 2023
CVS Health is expecting big growth in its Medicare Advantage membership by the end of 2023, setting a different tone compared to the company’s disappointment in “low- to mid-single-digit-percentage” growth late last year.
“Our Medicare business remains one of our strongest growth segments,” President and CEO Karen Lynch told investors during the company’s first-quarter earnings call May 3. “We do plan to get back to market growth in our individual MA product for a number of reasons.”
At the J.P. Morgan Healthcare Conference in January, Ms. Lynch said the open enrollment period in late 2022 was “highly competitive” and resulted in disappointing individual MA growth at Aetna, the company’s insurance arm.
Aetna’s national PPO MA plan also received a...
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