UnitedHealth to Drop 390,000 Medicare Advantage Members in 2027

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Summary · why it matters

UnitedHealth Group is scaling back parts of its Medicare Advantage business for 2027, with UnitedHealthcare discontinuing plans covering about 390,000 members next year as elevated medical costs and utilization pressure profitability. Reuters reported that UnitedHealthcare plans to exit locations where it has a higher concentration of preferred provider organization plans, which offer broader out-of-network access but can carry higher costs. UnitedHealthcare said 66% of members will have access to both health maintenance organization and PPO plans in 2027, compared with 70% in 2026. Beyond portfolio changes, UnitedHealth plans to invest nearly $1.5 billion in AI-related initiatives in 2026 to improve productivity and reduce administrative burden. Competitors are making similar moves: Humana is pruning its Medicare Advantage portfolio for 2027 with exits expected to affect roughly 600,000 members, while Centene's Wellcare is reducing its plan lineup and exiting Hawaii, Oklahoma and Tennessee.

Impact on assets 3

Aging Population▼ · 2 stocks
UnitedHealth Group Incorporated
UNH
▼ NegativeRegulationTechnologyrelevance

UnitedHealthcare is discontinuing Medicare Advantage plans covering about 390,000 members for 2027 amid elevated medical costs.

Humana Inc
HUM
▼ NegativeRegulationrelevance

Humana is pruning its Medicare Advantage portfolio for 2027, with exits expected to affect roughly 600,000 members.

Health Care▼ · 1 stocks
Centene Corp
CNC
▼ NegativeRegulationrelevance

Centene's Wellcare is reducing its Medicare Advantage plan lineup and exiting Hawaii, Oklahoma and Tennessee, mirroring the industry pullback.

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