Insurance
Home›Insurance›Health Insurance›Humana plans Medicare Advantage exits, affecting about…
Humana plans Medicare Advantage exits, affecting about 600,000 members
Humana’s CFO said its market exits for 2027, the second year in a row for the insurer, will be used to focus on higher-performing plans.
Multiple Medicare Advantage health insurers are dropping plans for next year, forcing many older Americans to switch coverage, according to an analysis cited by Yahoo Finance and research from Johns Hopkins Bloomberg School of Public Health. The report says one in 10 Medicare Advantage policyholders could face forced disenrollment this year, affecting as many as 2.9 million people nationwide. In 12 states, more than one in five policyholders are losing their plan, with Vermont particularly exposed, where 92% of policyholders are forced to find another option.
Humana is the first major insurer to announce it will exit multiple Medicare Advantage markets in 2027, doing so for a second consecutive year. Humana’s CFO Celeste Mellet said during a Q2 earnings call that the move will impact 600,000 members, and that plan exits will be used to prioritize higher-performing plans.
The article attributes the scale of upcoming changes to financial pressures and policy uncertainty, including federal policy changes intended to reduce Medicare Advantage overpayments. It also notes that as of 2026, more than half of eligible Medicare beneficiaries, 55%, were enrolled in Medicare Advantage plans, according to KFF, and that MA enrollment had been rising for decades before slowing after 2025.