After nearly two decades of experimentation and $ 450 billion of taxpayer money, Medicare Advantage has proven porous in ...

The Department of Justice is accusing three of the largest health insurers in the U.S. of paying brokers kickbacks for enrolling seniors in their Medicare Advantage plans. CVS unit Aetna ...

The lawsuit targets CVS Health’s Aetna, Elevance Health’s Anthem, and Humana, which together cover nearly 40% of the Medicare Advantage market. The brokers named in the lawsuit are eHealth ...

CVS subsidiary Oak Street Health has agreed ... agents reached out to older adults eligible for or enrolled in Medicare Advantage, promoting Oak Street Health’s services. These agents then ...

But, less than two months later, the company is in a state of free fall. Its collapse reflects not simply the troubles of the ...

Medicare Advantage is a private version of ... Representatives for Elevance, CVS and Humana disputed the allegations and said they intend to defend themselves in vigorously in court.

The wholly owned subsidiary of CVS Health allegedly paid kickbacks ... agents contacted seniors eligible for or enrolled in Medicare Advantage and delivered marketing messages designed to generate ...

CVS' Oak Street Health unit has agreed to ... Under this initiative, insurance agents would connect with Medicare Advantage enrollees and make the pitch to them about Oak Street.

This strategy also inspired competitors — including CVS Health’s Aetna ... have said they will fight the allegations.) Older Americans are drawn to Medicare Advantage because most plans ...

Chicago-based Oak Street Health, owned by CVS Health since 2023 ... insurance agents contacted older adults who were eligible or enrolled in Medicare Advantage and advertised Oak Street Health to them ...