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Benzinga
Benzinga
Business
Vandana Singh

Humana Loses Court Battle Over Medicare Advantage Ratings, Billions In Payments At Risk

Humana Medicare Advantage Medicare NYSE
Stuttgart,,Germany,-,07-28-2023:,Person,Holding,Mobile,Phone,With,Logo

Humana Inc. (NYSE:HUM) lost a legal battle challenging cuts to its Medicare Advantage bonus payments, raising concerns over billions in potential revenue.

Per a media report on Tuesday, a Texas judge ruled in favor of the federal government and upheld the downgrade of Humana's star ratings—ratings that are directly tied to the payments private insurers receive under Medicare Advantage.

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