UnitedHealth, Aetna Drop Medicare Members; Humana Expands Membership
The landscape of Medicare Advantage is shifting, particularly with significant changes from major insurers. UnitedHealth and Aetna have announced they will reduce their Medicare membership, while Humana is actively expanding its membership. These changes could affect the millions relying on Medicare Advantage for their healthcare needs.
UnitedHealth and Aetna Reduce Medicare Membership
UnitedHealth and Aetna’s decisions to drop Medicare members mark a notable shift in the healthcare market. These insurers are reassessing their strategies, which could impact nearly 35.5 million enrollees. As of February 1, 2025, this number is an increase from 34.4 million a year prior, reflecting only a 3% rise.
Stagnation in Enrollment Growth
The annual enrollment period for Medicare, which runs from October 15 to December 7, has experienced stagnation. This year, new enrollments grew by just 1%, contrasting sharply with previous growth rates. Between 2017 and 2024, enrollment growth ranged from 7% to 10% annually.
Humana’s Membership Expansion
In a different direction, Humana is actively expanding its membership in the Medicare Advantage space. As established insurers like UnitedHealth and Aetna scale back, Humana is positioning itself to attract new members, responding to the need for accessible healthcare options.
Key Statistics
- February 1, 2025, enrollment in Medicare Advantage: 35.5 million.
- Enrollment increase from the previous year: 3%.
- Annual enrollment growth in 2025: 1%.
- Historical enrollment growth (2017-2024): 7%-10% per year.
These developments highlight ongoing shifts within the Medicare Advantage program, underscoring the dynamic nature of the healthcare industry as insurers respond to market demands and regulatory changes.
