Cigna Explores Selling Medicare Advantage Business, Humana Disappoints with Profit Forecast, Biden Administration Proposes Changes to Surprise Billing Resolution, UHS Beats Wall Street Expectations

Cigna is considering selling its Medicare Advantage business as the U.S. government tightens reimbursement for health insurers. Humana shares fell after its forecast for 2024 profit growth disappointed. The Biden administration is proposing changes to the surprise billing resolution process. UHS reported better-than-expected results for the third quarter, driven by rising patient volumes.