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Medicare Advantage, CVS Health and DOJ

Reuters on MSN · 43m

US accuses health insurers, brokers of Medicare Advantage kickback scheme

The U.S. Department of Justice accused three of the nation's largest health insurers of paying hundreds of millions of dollars in kickbacks to brokers in exchange for steering patients into the insurers' Medicare Advantage plans.

The Wall Street Journal on MSN · 1h

DOJ Files Complaint Against Aetna, eHealth, Others, Alleging Medicare Advantage Kickbacks

The DOJ alleges in its complaint that CVS Health-unit Aetna, Elevance Health and Humana paid the kickbacks to brokers eHealth, GoHealth and SelectQuote in exchange for enrollments into the insurers’ Medicare Advantage plans.

Healthcare Dive · 4m

DOJ accuses CVS, Humana, Elevance of paying kickbacks to Medicare Advantage brokers

According to the Justice Department’s complaint, the insurers paid brokers eHealth, GoHealth and SelectQuote hundreds of millions of dollars for enrolling seniors in their MA coverage — regardless of the plans’ suitability for those members’ needs.

Humana, Medicare Advantage

Humana Reports $1.2 Billion Profit As Medicare Cost Concerns Lessen

Humana reported $1.2 billion in first quarter net income as the company gets better control of medical cost trends in its Medicare Advantage plans.

Modern Healthcare · 1d

Humana bucks Medicare Advantage cost trend

Humana, the second-largest Medicare Advantage insurer with 5.8 million beneficiaries, reported Wednesday that net income soared 67.9% to $1.2 billion in the first quarter as revenue grew 8.4% to $32.1 billion.

Humana reports strong first quarter earnings as Medicare Advantage costs hit the mark

Humana ( HUM) reported first quarter earnings that met Wall Street expectations Wednesday. The company beat on adjusted earnings per share of $11.58, compared to Wall Street's estimates of $10.09. Revenue came in at a slight miss of $32.11 billion, just under consensus of $32.15 billion.

1don MSN

Humana’s exit of some ‘unprofitable’ Medicare plans helps fuel a big profit beat

While Humana affirmed its full-year profit outlook, which can be viewed as a positive in the current uncertain economic ...

1hon MSN

Feds accuse insurers, brokers of Medicare Advantage kickback scheme; lawsuit filed in Massachusetts

Federal prosecutors are taking three of the nation's largest health insurance companies and three major insurance brokers to ...

Fierce Healthcare1d

Why Humana is focusing on 'diversification' as it shores up MA business

Humana reaffirmed its outlook for the year on the back of $1.2 billion in profit for the first quarter, which surpassed Wall ...

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