Becker's Healthcare October 16, 2023
UnitedHealth Group expects to add around 1 million Medicare Advantage and commercial members by the end of 2023.
UnitedHealth Group CEO Andrew Witty told investors on an Oct. 13 call the company is confident it has made necessary adjustments to respond to rate changes being phased in by CMS over the next three years, which will reduce reimbursements plans receive from the federal government in some cases.
“That has really been the story behind the investments of 2023 in response to the changes that have been signaled by CMS, so that we go into 2024, 2025, 2026 and 2027 feeling strong, feeling that we’ve taken advantage of these last several months to ensure that we’ve adjusted and adapted...