Health insurers post huge gains in private Medicare Advantage plans for seniors

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Some of the largest health insurance companies continue to grow their Medicare Advantage membership at or above expected levels, just as Kamala Harris released a plan that would make the program the template for the US health care system.

The bottom line: Medicare Advantage is a money spigot for insurers these days, my colleague Bob Herman writes. But federal Medicare officials and investigators at the Department of Justice are concerned the industry is overcharging taxpayers to run the program.

By the numbers: In Q2 earnings reports, insurers have reported hundreds of thousands of new people signing up for individual and employer-backed Medicare Advantage plans.

Cigna, which faced federal sanctions over its MA plans a couple years ago, remains smaller with fewer than 500,000 enrollees.

Go deeper: Government health care is a growing part of insurers' revenues