CVS Health, Humana, and UnitedHealth Group will pull back on Medicare Advantage offerings next year, the companies said, as the health insurance industry braces for more decreases in government reimbursement. The U.S. government has been cutting back payments in the privately-run insurance program for people aged 65 and older or with disabilities since 2024 with an aim of reducing spending. Insurers this year have said higher-than-expected use of medical services in their Medicare businesses have led to their exits from less profitable markets. They are also receiving fewer Medicare payments related to patient health conditions.
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Source: https://www.reuters.com/legal/litigation/cvs-health-offer-2026-medicare-prescription-drug-plans-43-states-2025-10-01/