At a time when they can least afford a setback, Cigna and Humana have been hit hard by the new ratings for Medicare Advantage plans issued this week by the Center for Medicaid and Medicare Services.
Cigna and Humana are both in the middle of a legal battle with the federal government over two proposed mergers. The Department of Justice is trying to block the acquisition of Cigna by Anthem as well as the acquisition of Humana by Aetna.
CMS announced that only 37 percent of Humana's MA plans earned four stars or more in 2016. The previous year, 78 percent of its plans got at least four stars.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
