Medicare Rate Decision Seen By Hundreds of U.S. Employees

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The Medicare rate decisionBloomberg Terminal that sent Humana Inc.’s stock soaring in April was distributed to at least 436 government employees at the U.S. Health and Human Services Department before the agency’s official announcement.

Senator Charles Grassley’s staff obtained more than 1,000 pages of e-mails from HHS that mentioned the decision in the two weeks before April 1, according to Jill Gerber, a spokeswoman for the Iowa Republican. The e-mail count doesn’t include messages from the White House’s budget office, which would have reviewed the Medicare Advantage payment changes.