Big companies lost $96 billion in market capitalization after Medicare proposed a relatively flat rate increase for next year.

Shares of large Medicare plan providers Humana, CVS Health and UnitedHealth Group plunged in extended trading.

Just months after the federal government shut down for a record 43 days, a partial shutdown is becoming increasingly likely, threatening vital Medicare

Medicare director Chris Klomp said the Trump administration is “massively” in support of MA as health insurers cry foul over the meager rate update.

The Trump administration has unveiled 15 new drugs selected for a Medicare drug price negotiation program that allows the federal government to haggle directly with drug manufacturers.

Why did UnitedHealth stock fall 20%? What did President Trump say about 2027 Medicare Rates? What does a UnitedHealth stock crash mean for patients and investors?

By Siddhi Mahatole and Amina Niasse Jan 26 (Reuters) - The U.S. has proposed an average rate increase of 0.09% in payments to private insurers next year for the Medicare Advantage plans they manage, the government said on Monday,

Medicare Advantage (MA) plans and the providers in their networks are crying foul over potentially getting virtually no reimbursement increase from the program in 2027.

"I think any American should be able to buy into Medicare at any age," 1st District candidate Christina Bohannan, a Democrat, said in Pella.