00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Trump administration raised payments to private insurers for Medicare plans above an
00:06earlier proposal that had unsettled markets, according to Benzinga. The Centers for Medicare
00:10and Medicaid Services set a net average increase of 2.48% for 2027, adding more than $13 billion
00:17in payments after a January proposal of 0.09% had pushed insurer stocks lower. Shares of United
00:23Health, CVS, Humana, and Elevance rose in after-hours trading on Monday following the update.
00:28CMS Administrator Mehmet Oz said the changes aim to keep coverage affordable and improve value.
00:33The payment rate affects insurer revenue, premiums, and plan benefits. Annual premiums are projected
00:38to rise from about $2,440 to nearly $5,000 by 2035. An estimated $450 of that increase is tied
00:46to Medicare Advantage over payments. According to a recent Gallup poll, healthcare is the top
00:51domestic concern, with 61% of adults saying they worry a great deal about its affordability.
00:56For all things money, visit Benzinga.com.
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