Skilled Nursing News November 5, 2024
Optum is scaling back its Medicare Advantage Special Needs Plans for nursing home and assisted living residents in several regions.
The health care services arm of insurance giant UnitedHealth Group (NYSE: UHG), Optum, made headlines earlier this year for workforce cuts. Now, the company is shutting down Institutional Special Needs Plans (I-SNPs) in several states, multiple sources told Skilled Nursing News.
SNN reached out to Optum for comment, but hadn’t received a response at the time of publication.
Nursing home operators have confirmed to SNN that they are no longer partnering with Optum on I-SNPs in certain states. For example, The Evangelical Lutheran Good Samaritan Society’s partnerships with Optum are no longer in existence in two states.
A spokesperson for...
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