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Cigna Explores Selling Medicare Advantage Business, Biden Administration Proposes Changes to Billing Process, Medicare Reforms in 2023, Increased Costs for Beneficiaries, Aetna Overpaid for Medicare Advantage
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Cigna Explores Selling Medicare Advantag...
Cigna Explores Selling Medicare Advantag...
Cigna Explores Selling Medicare Advantag...
Cigna Explores Selling Medicare Advantag...
Cigna Explores Selling Medicare Advantag...
Fair Medical Debt Reporting Act
Overview
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Cigna is considering selling its Medicare Advantage business as the U.S. government tightens reimbursement for health insurers. The Biden administration is proposing changes to the surprise medical billing resolution process to make it more efficient and improve early communication between insurers and providers. Medicare reforms in 2023 and beyond aim to improve accessibility and affordability for beneficiaries. Medicare beneficiaries will face increased premiums and other costs in 2024. Aetna received an estimated $25.5 million in Medicare Advantage overpayments for 2015 and 2016.
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How will the proposed changes to the billing process impact insurers and providers?
What are the potential implications of Cigna selling its Medicare Advantage business?
What specific reforms are expected to address medication affordability in the future?
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