Fierce Health Payers October 8, 2021
Nearly 70% of Medicare Advantage (MA) plans that offer prescription drug coverage will have a star rating of four or more stars in 2022, a massive increase from 49% of plans in 2021, new federal data show.
The data on MA and Part D star ratings, released Friday by the Centers for Medicare & Medicaid Services, come ahead of Medicare open enrollment that kicks off Oct. 15.
“The Medicare Advantage and Part D Star Ratings are important tools in the toolbox for beneficiaries to use as they consider Medicare coverage options,” CMS Administrator Chiquita Brooks-LaSure said in a statement. “CMS’ annual ratings deliver meaningful information about the quality of each plan to help people with Medicare make informed healthcare decisions.”
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