Presbyterian Health Plan to pull back from Medicare Advantage

https://www.modernhealthcare.com/insurance/mh-presbyterian-healthcare-services-medicare-advantage-plans/?utm_campaign=KHN%3A%20First%20Edition&utm_medium=email&_hsenc=p2ANqtz-_j7DKE-syagx1vcN61nqOtXbiT_uf_C3baXgzHC-S63ayPKMadSPbRXkwwnd_6WYADj0MGw7AVWqjk-05G0Nb1IRboCA&_hsmi=422191163&utm_content=422191163&utm_source=hs_email Modern Healthcare: Presbyterian Healthcare Services Drops Medicare Advantage Plans Presbyterian Healthcare Services will discontinue most Medicare Advantage plans next year, the health system said Wednesday. Presbyterian Health Plan, the Albuquerque, New Mexico-based nonprofit provider’s insurance arm, will retain only its Dual Eligible Special Needs Plans, or D-SNPs. The company will lay off about 150 workers. The insurer had about 54,000 Medicare Advantage members through May, nearly 14,000 of whom were enrolled in D-SNPs, according to Modern Healthcare Data & Insights. Presbyterian Health Plan also offers Medicaid, employer and individual plans in New Mexico. (Tong, 6/3)