US proposes reimbursement rate for Medicare Advantage 2025 payments

The closely watched proposal, known as the "advance notice", will be used by companies such as UnitedHealth Group and Humana to bid this year for contracts for Medicare Advantage plans they will sell in 2025. The government payment rates affect how much insurers charge for monthly premiums, which plan benefits they offer and ultimately, how much they can profit. About 65 million people are enrolled in the government's Medicare program for people aged 65 and older or who are disabled.