CMS Says Average Monthly Plan Premium For All Medicare Advantage Plans, Projected To Change From $17.86 In 2023 To $18.50 In 2024
Portfolio Pulse from Benzinga Newsdesk
The Centers for Medicare & Medicaid Services (CMS) has projected that the average monthly plan premium for all Medicare Advantage Plans will increase from $17.86 in 2023 to $18.50 in 2024.
September 26, 2023 | 6:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Humana Inc. may see an impact on its revenues due to the projected increase in Medicare Advantage Plans premiums.
Humana Inc., being a significant provider of Medicare Advantage Plans, may see an increase in its revenues due to the projected rise in premiums. However, the impact will depend on how the company adjusts its pricing and cost structures.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The S&P 500 ETF (SPY) may see a minor impact as it includes companies like Humana and UnitedHealth that could be affected by the projected premium increase.
The S&P 500 ETF (SPY) includes companies like Humana and UnitedHealth that could be affected by the projected premium increase. However, given the diversified nature of the ETF, the impact is likely to be minor.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
UnitedHealth Group may experience a revenue impact due to the projected increase in Medicare Advantage Plans premiums.
UnitedHealth Group, as a major provider of Medicare Advantage Plans, may see a revenue increase due to the projected rise in premiums. The impact will depend on the company's pricing and cost adjustment strategies.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The Health Care Select Sector SPDR Fund (XLV) may see a minor impact due to the projected increase in Medicare Advantage Plans premiums.
The Health Care Select Sector SPDR Fund (XLV) includes companies like Humana and UnitedHealth that could be affected by the projected premium increase. However, given the diversified nature of the ETF, the impact is likely to be minor.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60