Medicare Advantage was booming a few years ago, but higher than expected claim severity and lower government payouts are driving carriers out of markets, leaving insureds to scramble. As our own Brooks Deibele said, “Medicare Advantage used to be a major profit driver for almost every payer—it was the primary line of business they were focused on. But at this point in time the utilization is up, and the focus for payers has shifted from being all about growth to, now, all about margins and doing whatever they can to get back to a position where they’re comfortable with their financial standing.” Read more about this in the Leader’s Edge article titled “Medicare Advantage Sicker Than Expected.”