HealthLeaders Media October 7, 2022
CMS released the 2023 star ratings for Medicare Advantage and Part D plans, with the average rating at 4.15.
KEY TAKEAWAYS
– The average rating across all plans for 2023 is 4.15, down from last year’s 4.37.
– The number of five-star contracts fell significantly from 74 in 2022 to 57 for the coming year.
– CMS adjusted its methodology to account for the COVID-19 pandemic no longer being at the height it was in recent years.
The average star rating and number of five-star contracts for Medicare Advantage (MA) plans declined for 2023, CMS announced.
The agency released the annual star ratings for MA and Part D plans to help potential beneficiaries compare plans ahead of the annual enrollment...
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