Cigna Explores Selling Medicare Advantage Business, Biden Proposes Changes to Surprise Billing Resolution, and More

Cigna considers selling its Medicare Advantage business as the US government tightens reimbursement. The Biden administration proposes changes to the surprise billing resolution process to improve efficiency. Medicare reforms in 2023 aim to improve accessibility and affordability. Medicare beneficiaries will face increased premiums and other costs in 2024. Aetna may have received $25.5M in Medicare Advantage overpayments for 2015 and 2016.