UnitedHealth Group, the most important Medicare Advantage provider with 7.6 million people in its plans, generated $257 billion in premium revenues in 2022, some 13% over the earlier year. A vital driver of that progress was its Medicare Advantage plans, the company’s financial filings stated. Humana, the subsequent largest supplier, counts 5.3 million Medicare Advantage customers; through the six months that ended June 30, almost 80% of Humana’s $51 billion in premium revenues got here from individual Medicare Advantage plans, its filings show. Still, this spring he needed to shut down a long-time geriatric psychiatry program that had served the neighborhood for over eight years. Coverage denials from Medicare Advantage plans killed the program, Williams said. Last yr, a federal audit from 2013 was released displaying that 8 of the 10 largest plans had submitted inflated payments to Medicare.
The availability of competent, properly supported and motivated health employees is …