SHARES OF HUMANA TUMBLED YESTERDAY (WED) AFTER THE HEALTH INSURER SAID A MEDICARE ADVANTAGE QUALITY RATING DROP WILL HURT FUTURE BONUS
PAYMENTS THE COMPANY RECEIVES……
THE INSURER SAID THE SHARE OF ITS CUSTOMERS CURRENTLY ENROLLED IN PLANS RATED “FOUR STARS” OR HIGHER FOR 20-25 IS DOWN TO 25-PERCENT FROM
95-PERCENT HIS YEAR…. THE RATING ON A LARGE, NATIONAL INSURANCE PLAN THAT CONTAINS 45-PERCENT OF HUMANA’S ENROLLMENT FELL A POINT TO
THREE-POINT-FIVE POINTS……
MEDICARE ADVANTAGE PLANS ARE PRIVATELY RUN VERSIONS OF THE FEDERAL GOVERNMENT’S MEDICARE PROGRAM MOSTLY FOR PEOPLE AGE 65 AND
OLDER…..
AN ANNUAL ENROLLMENT WINDOW FOR 20-25 COVERAGE STARTS OCTOBER 15TH……AND SHOPPERS WILL HAVE UNTIL DECEMBER SEVENTH TO SETTLE ON
COVERAGE FOR NEXT YEAR…….
