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2 major health insurance companies cancel Medicare Advantage plans covering 1 million people
Cleveland.com • • nation
Key Points:
- Humana and UnitedHealthcare are canceling Medicare Advantage PPO plans, impacting nearly 1 million older adults in the U.S., with around 600,000 Humana and 390,000 UnitedHealth members affected.
- The discontinued plans primarily offered more flexible doctor networks, but replacement options from both companies generally come with higher costs and fewer benefits.
- The decision to cut these plans was driven by financial concerns, as UnitedHealth faced unexpectedly high healthcare usage and rising medical costs that negatively affected its stock value in 2025.
- Over 70 million people are enrolled in Medicare, including those aged 65 and older and some individuals with disabilities, highlighting the broad impact of these changes.
