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Thursday, July 18, 2024 1:36:52 PM
Under the current administration, the Centers for Medicare & Medicaid Services has hardened its stance on the program after it faced criticism for insurers overbilling the government and denying care to seniors too many times, the Wall Street Journal reported.
Republicans tend to favor privatizing government services and have been friendlier to Medicare Advantage plans, a trend that investors are betting could continue under a second Trump administration.
Also Read: UnitedHealth Analysts Boost Their Forecasts Following Upbeat Earnings
Regulatory easing on Medicare Advantage could also rekindle talks on possible mergers between health care providers.
$CLOV
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