AM Best

AM Best’s Briefing – Health: Medicare Advantage 
Challenges and Opportunities

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briefing title screen

About This Briefing

AM Best and industry experts share their 2026 outlook on the Medicare Advantage business segment, including the key drivers.

Julia Friedman, principal and consulting actuary at Milliman, provides insights into the current challenges seen in the market. Julia is widely recognized as a leading expert in the Medicare Advantage space, advising health plans, provider organizations and investors on strategic and financial performance. She shares the latest trends Milliman is observing across the industry—offering perspectives on how shifting dynamics in Medicare Advantage are impacting 2026 plan benefit strategies and 2027 outlooks.

Stephen Harris, president, government markets, at Health Care Service Corporation (HCSC), discusses the opportunities HCSC sees in Medicare Advantage—including their recent acquisition of HealthSpring and their outlook for Medicare Advantage from a Blue Plan view as well as a national footprint.

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    Moderator

    John Weber
    Senior Associate Editor
    AM Best


    Panelists

    Julia Friedman
    Principal and Consulting Actuary
    Milliman

    Stephen Harris
    President, Government Markets
    Health Care Service Corporation

    Bridget Maehr
    Director
    AM Best