Humana Rises 5% on Medicare Rate Boost

Humana shares jumped 5.4% after CMS finalized a 2.48% Medicare rate increase for 2027, adding $13 bn in payments.
UnitedHealth, CVS Health and Elevance Health also rose, gaining 8.33%, 5.92% and 2.98% respectively on the same news.
CMS will use the 2024 risk‑adjustment model for 2027 and exclude unlinked chart‑review diagnoses, affecting insurers relying on such data.
Dr. Mehmet Oz said the updates keep coverage affordable and ensure value for beneficiaries.