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HUM
Market Watch
189 days

Opinion: Is Humana dropping your Medicare Advantage plan? Here’s what you need to know. - MarketWatch

1. Humana is shedding 550,000 Medicare Advantage customers to improve profitability. 2. Cuts represent about 10% of total memberships as HUM focuses on sustainable value. 3. Other insurers like CVS and Centene are also cutting low-profit Medicare Advantage plans. 4. Beneficiaries may switch to traditional Medicare for better coverage options. 5. The Medicare Advantage sector may face challenges amid this strategic shift.

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FAQ

Why Bullish?

The move may reduce costs and improve margins, similar to past efficiency drives by insurers.

How important is it?

The article discusses significant changes that directly impact HUM's business strategy and profitability.

Why Long Term?

Strategic shifts often yield benefits over time, as seen in previous policy realignments.

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