Oliver Wyman October 31, 2024
Sarah Snider, Lindsay Knable, Daniel Hassing, and Martin Graf

The number of 4- and 5-Star contracts dropped in 2025. Insurers need to keep refining product portfolios for the future.

While still murky, the Medicare Advantage waters are clearing up. As we detailed in earlier posts, insurers pulled back from certain markets in 2025 and made significant changes to benefits, all of which means members will have to make tough tradeoffs as they comparison shop. And insurers need to keep a close eye on their competitors and consumer behavior as they refine product portfolios for the future.

It’s also important to assess the impact that more stringent Medicare Advantage Star ratings are having on the industry. Significant fallout is occurring with multiple insurers suing the Centers for Medicare and Medicaid...

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