Major Health Insurers Cancel Nearly 1M Medicare Advantage Plans

• Health insurance giants are cutting back on benefits to maximize their profit.
• UnitedHealthcare and Humana are ending Medicare Advantage plans for nearly 1 million people.
• The Centers for Medicare and Medicaid Services (CMS) has described MA 2027 plan options as'stable' with lower average premiums.
• Payers are increasing cost-sharing for enrollees, shifting them into narrower networks, and cutting supplemental benefits.
• Experts predict the pullback from Medicare Advantage will continue in 2027.