Healthcare DIVE October 8, 2020
Dive Brief:
- CMS released its annual star ratings for Medicare Advantage and standalone drug plans, and a majority (77%) of MA enrollees will be in a plan with four or more stars in 2021. That’s down from last year in which about 81% of enrollees were in a 4-star plan or higher.
- For standalone drug plans, only 17% of enrollees will be in plans with four or more stars.
- The highest rated plans, or those with 5-stars, were awarded to 28 plans, slightly more than last year.
Dive Insight:
Medicare Advantage has taken a bigger share of enrollees in recent years, and the plans have been profitable for private payers like Humana and UnitedHealthcare. The stars...