Humana braces for tougher Medicare Advantage star ratings environment: 5 notes
Becker's Healthcare October 30, 2024
Humana is upping its investments in its Medicare Advantage star ratings performance, CEO Jim Rechtin said.
The company reported its third-quarter earnings Oct. 30. On a call with investors, Mr. Rechtin said the company is moving quickly to move its star ratings in the right direction.
“We acknowledge that we have work to do to get back to the results that we expect of ourselves, for our members, our patients and our investors,” Mr. Rechtin said.
Here are five things to know:
- In regulatory filings published Oct. 2, Humana reported a significant decline in its star ratings for 2025. For 2025, around 25% of Humana’s members will be in plans rated 4 stars and above for...