Breaking: Humana faces $3 billion hit over lower Medicare star ratings

"This represents a worst-case scenario result," one analyst said Wednesday

Log In    Subscribe BREAKING NEWS   Humana tumbles as insurer faces $3 billion hit to revenue over lower Medicare star ratings By Bob Herman Ben Margot/AP Today, Humana disclosed that 25% of its Medicare Advantage members are enrolled in plans that have at least a four-star rating for 2025, down from about 94% this year.   Humana is the second-largest Medicare Advantage plan in the country, covering 6.2 million people as of August. The massive downgrade will cost Humana billions of dollars in revenue — and could potentially erase most, if not all, of its profit heading into 2026, when 2025 bonuses are paid. READ MORE Sign up for Daily Recap All the health and medical news you need today, in one email. Learn more. In Case You Missed It 1   Insurers went all-in on Medicare Advantage. Now, some are scaling back By Tara Bannow 2   The biotech scorecard for the fourth quarter: 14 stock-moving events to watch By Adam Feuerstein 3   Marburg virus outbreak in Rwanda draws concern over possibility of international spread By Helen Branswell 4   After Cassava Alzheimer's drug fiasco, the FDA must intervene to protect patients By Adam Feuerstein Don't miss out on another STAT Investigation Unlock the world of health and medicine with a subscription to STAT+ Learn more STAT, 1 Exchange Place, Boston, MA ©2024, All Rights Reserved. I no longer wish to receive STAT emails Update Newsletter Preferences • Contact Us • Advertise with Us