Healthcare DIVE October 11, 2024
About 40% of MA plans with prescription drug coverage will earn four or more stars, a dip from 42% this year, according to data released by the CMS.
Dive Brief:
- About 40% of Medicare Advantage plans with prescription drug coverage will earn four or more stars in 2025, a decline from this year, according to data released Thursday by the CMS.
- The five-star ratings system aims to help Medicare beneficiaries compare the quality of MA and prescription plans during open enrollment, which begins next week. But star ratings are also key to insurers’ finances, as they determine whether a plan receives a bonus and its ability to bid against a higher benchmark rate.
- The latest release marks another...
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