EP23 600k Humana Members Face '27 Plan Changes

Humana said on its July 29, 2026 earnings call that 2027 Medicare Advantage plan exits will affect about 600,000 members. Humana expects to recapture just over 40 percent into other plans it continues offering, but every affected member still needs a 2027 coverage decision because their current plan is leaving.Most exits involve plans rated 3.5 stars or lower for the 2027 bonus year. Plan-level names were not released.In this episode we explain what agents should do now, why no 2027 plan should be quoted before it appears on the landscape, and how to schedule reviews around ANOC delivery before AEP.🔑 Key Topics CoveredHumana’s 600,000 affected members2027 Medicare Advantage plan exitsANOC timing before AEPRules for discussing 2027 plans🎯 What This Means for AgentsIdentify Humana clients needing 2027 reviewsDo not quote unavailable 2027 plansPrepare clients for September ANOC lettersSchedule reviews before AEP begins🔗 SourcesHumana Second Quarter 2026 Financial Results: https://policy.humana.com/news-and-resources/news-press/2026/humana-reports-second-quarter-2026-financial-results--affirms?utm_source=chatgpt.comCMS 2027 Medicare Advantage and Part D Rate Announcement: https://www.cms.gov/newsroom/fact-sheets/2027-medicare-advantage-part-d-rate-announcement📌 GO-DO: Book Your Humana 2027 ReviewsExport every Humana Medicare Advantage client this week and tag the file “2027 review.” Call each client, explain that some Humana plans are leaving for 2027, and book a 20-minute review for the week their change letter arrives. Do not quote a 2027 plan before the landscape is available.Infographic: https://www.psmbrokerage.com/hubfs/The%20Insurance%20Producers%20Guild/IPG_EP23_Infographic.pngSlides: https://www.psmbrokerage.com/hubfs/The%20Insurance%20Producers%20Guild/IPG_EP23_Slides.pdfThe Insurance Producers Guild Podcast delivers intelligence for insurance agents looking to stay ahead of industry trends.Follow the show and connect with PSM Brokerage to access tools, training, and support designed to help you grow your business.Learn more: https://www.psmbrokerage.com