Go to morningstar.com. There’s an article about it.
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@er Thanks Kent! It will affect about 600k members and there is no guarantee they will get 40% (240k) to sign with other Humana plans.
So, I still would not refer to that as a “nothing burger.”
Especially if you think of those as lives and not just statistics.
“The exit will affect about 8% of Humana's 7.2 million Medicare Advantage members. The insurer said it expects to recapture about 40% of disrupted seniors through other plans it offers, adding that the move is intended to support its long-term profit-margin goals while trying to retain as many subscribers as possible.”
Nothing burger.