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Health Insurers Tumble as Final Medicare Advantage Rates Disappoint

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Final rates for health insurers selling private Medicare Advantage plans will be the same as the government’s initial proposal in January, a blow to insurance companies that make billions selling private versions of the government coverage. Shares of health insurance companies fell in late trading.

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Medicare Advantage chaos is making life more difficult for hospitals, insurers — and seniorsHospitals and insurance giants are clashing over Medicare Advantage plans as both sides try to protect their profits. Many seniors are caught in the...
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