Forbes July 18, 2019
UnitedHealth Group said its privatized Medicare Advantage enrollment grew by more than 10% as the company’s second-quarter profits rose and the healthcare giant increased its financial forecast for the rest of the year.
Medicare Advantage plans contract with the federal government to provide extra benefits and services to seniors, such as disease management and nurse help hotlines, with some even providing vision and dental care and wellness programs. And the federal government has changed regulations to allow Medicare Advantage plans to provide broader coverage in the future, which is also expected to boost enrollment.
“The outlook for further growth in this category – and more broadly in group and individual Medicare Advantage – remains exceptional,” Dirk McMahon, who was recently...