“dip in the profits for Medicare Advantage, the popular Medicare plan administered by commercial insurers, as more and more seniors began to get care after delaying during the pandemic.”
During the pandemic, record profits. MLR was kept above minimum to avoid rebates and make sure books look right.
Instead of using those profits to prepare for something we knew was going to happen, that money went right into leaderships pockets. Now we are told that it was unforeseen and we need to support the unpredictable headwinds.
Join a startup, healthcare will be profitable just not with these 🤡