CVS · 10-Q · 2026Q2 · Full report
Medicare Advantage Payment Outlook
CVS HEALTH Corp · 2026-08-05 · Importance 56 · Surprise 68 · In source text
On April 6, 2026, the U.S. Centers for Medicare & Medicaid Services issued final 2027 Medicare Advantage payment rates. The final rates imply an expected average 2.48% revenue increase for the Medicare Advantage industry, excluding CMS’s estimate of Medicare Advantage risk-score trend. CVS Health had 4.2 million Medicare Advantage members as of June 30, 2026, making the payment update relevant to its Health Care Benefits segment.
Key facts
- On April 6, 2026, CMS issued final 2027 Medicare Advantage payment rates resulting in an expected average increase in revenue for the Medicare Advantage industry of 2.48%, excluding the CMS estimate of Medicare Advantage risk score trend. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | On April 6, 2026, CMS issued final 2027 Medicare Advantage payment rates resulting in an expected average increase in revenue for the… |