India, Oct. 4 -- Major health insurance providers across the US are executing a sweeping contraction of their private Medicare portfolios, announcing plans to discontinue coverage options that currently serve more than one million senior citizens, according to multiple reports.

UnitedHealth Group and Humana, two of the nation's dominant private Medicare operators, confirmed that they will pull back from less profitable regional markets ahead of the upcoming 2027 enrollment cycle.

The strategic retrenchment highlights growing financial friction within the healthcare sector as insurers grapple with higher-than-expected medical utilisation rates and tightening reimbursement frameworks.

The sudden termination of these private plans has tri...