Senators call for improved security and efficiency of Medicare Advantage program, prompted by Cigna's $3.7B sale of its business to Health Care Service Corp.

Various senators are urging the Centers for Medicare and Medicaid Services to improve the security and efficiency of the Medicare Advantage program, which provides private insurance plans that supplement Medicare coverage. This call for improvement comes as Cigna agreed to sell its Medicare Advantage business to Health Care Service Corp. for around $3.7 billion in cash. As the program gains widespread usage, senators emphasize the importance of protecting Medicare Advantage to help beneficiaries receive comprehensive and efficient care.

January 31, 2024
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