Healthcare DIVE March 5, 2024
It’s a positive development for the insurer, which sued the government earlier this year after its quality scores fell dramatically.
Dive Brief:
- Elevance Health expects a $190 million boost to its revenue next year after federal regulators improved its Medicare Advantage quality scores.
- It’s a positive development for the insurer, which sued the government earlier this year after its scores, called star ratings, fell dramatically.
- Four of Elevance’s MA plans will have a higher star rating this year after the CMS updated the original ratings from October, Elevance disclosed in a Monday filing with the Securities and Exchange Commission. Elevance now estimates roughly 49% of its MA members will be enrolled in plans with at least four stars.
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