UNH · 10-Q · 2026Q3 · Full report

Medicare Advantage Membership Decline

UNITEDHEALTH GROUP INC · 2026-11-03 · Importance 49 · Surprise 32

UnitedHealthcare Medicare Advantage membership was 7.605 million at September 30, 2026, down 830,000, or 10%, year over year. The company attributes contraction to benefit and pricing actions in response to sustained funding pressure and increased care patterns and unit costs. It has incorporated these pressures into its 2026 and 2027 benefit designs and also reports that reduced enrollment in its Medicare Advantage offerings contributed to contraction in Optum Health value-based care arrangements.

Key facts

• Continued Medicare Advantage funding pressures have led to benefit and pricing actions that contracted UnitedHealth Group’s Medicare Advantage membership. source