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CVS Health grows more cautious about 2024

CVS Health grows more cautious about 2024
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CVS Health grows more cautious about 2024 as it deals with rising Medicare Advantage costs

Busy Medicare Advantage businesses have CVS Health and other insurance providers spooked about the new year. The health care giant said Wednesday that it was scaling back an already cautious view of 2024 as the company tries to understand why costs keep rising from the privately run version of the government’s Medicare program. Medicare Advantage plans mostly cover people who are age 65 and older. CVS Health has about 3.4 million people in that business through its Aetna arm. CVS Health said Wednesday those costs were coming from outpatient care like hip and knee surgeries and dental and vision coverage.

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CVS Health grows more cautious about 2024 as it deals with rising Medicare Advantage costs

CVS Health grows more cautious about 2024 as it deals with rising Medicare Advantage costs
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