Becker's Healthcare October 20, 2023
October is a busy month for Medicare Advantage, with the beginning of open enrollment and CMS announcing plans’ star ratings.
Here are 15 updates about the program Becker’s has covered since Oct. 6.
- U.S. News and World Report named its top Medicare Advantage insurers in every state, based on CMS’ star ratings.
- The number of firms offering retiree health benefits through Medicare Advantage has risen 26 percentage points since 2017, according to KFF.
- Elevance Health is expecting to lose around $500 million in revenue in 2025 as a result of declining Medicare Advantage star ratings, CEO Gail Boudreaux said. The percentage of Elevance Health members enrolled in contracts rated at four...