Social Security/Medicare: Major Hospitals Shifting Away from Medicare Advantage Plans in 2024

Wednesday, 21 August 2024, 16:00

Social Security/Medicare is facing significant transitions as 15 U.S. hospitals drop Medicare Advantage plans in 2024. This shift impacts retirement health care decisions greatly. Retirees and health care stakeholders must evaluate the implications of these changes on their medical options and finances.
Thestreet
Social Security/Medicare: Major Hospitals Shifting Away from Medicare Advantage Plans in 2024

Key Developments in Medicare Advantage

In a bold move, several major health systems are cutting ties with Medicare Advantage plans, sparking concern amongst retirees and their families.

Hospitals Breaking Away

  • 1. Brookings (S.D.) Health System ceased all Medicare Advantage acceptance.
  • 2. Baptist Health in Louisville, Kentucky, no longer covers UnitedHealthcare Medicare Advantage.
  • 3. A growing trend of facilities moving away from Medicare Advantage is noted for 2024.

This shift reflects larger trends in health care financing and lies at the intersection of Social Security/Medicare policies and retirement dynamics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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