Optum’s move underscores the evolving and often volatile nature of the MA market, particularly for skilled nursing facilities reliant on I-SNPs.
Optum is scaling back its Medicare Advantage Special Needs Plans for nursing home and assisted living residents in several regions.
The health care services arm of insurance giant UnitedHealth Group (NYSE: UHG), Optum, made headlines earlier this year for workforce cuts. Now, the company is shutting down Institutional Special Needs Plans (I-SNPs) in several states, multiple sources told Skilled Nursing News.
Siddiqi, Z. (2024, November 5). Nursing home providers adjust to Optum exiting Medicare Advantage I-SNPs in several regions. Skilled Nursing News. https://skillednursingnews.com/2024/11/nursing-home-providers-adjust-to-optum-exiting-medicare-advantage-i-snps-in-several-regions/