Becker's Healthcare October 13, 2023
CMS’ overall average star ratings declined slightly for Medicare Advantage plans for plan year 2024.
CMS published its star ratings for Medicare Advantage and part D standalone plans Oct. 13. The average Medicare Advantage star rating for 2024 is 4.04, down from 4.14 in 2023. Around 74 percent of Medicare Advantage enrollees will be in a plan rated four stars or higher in 2024, up from 72 percent in 2023.
CMS determines star ratings using 40 quality and performance measures for Medicare Advantage plans, scoring plans on their clinical quality outcomes and member satisfaction. The agency made some changes to its methodology for 2024, including changes to cut points for star ratings designed to keep ratings more predictable...