The Medicare Advantage program is expected to cost taxpayers and beneficiaries more than $500 billion this year. For the past decade, it has been the insurance industry's golden goose of profitability. But insurance companies have lamented recent regulations, worrying their margins will take a hit.
Bob Herman is a Business of Health Care Reporter at STAT. He focuses on hospitals, health insurance, and the broader healthcare industry, aiming to illuminate the significant financial flows within the system. Bob's work has been featured in Axios, Yahoo News, and Universal Paint & Body, among others.