Healthcare Finance News October 13, 2023
This year, 31 plans earned 5 stars, compared to 57 in 2023 and 74 in 2022.
The Centers for Medicare and Medicaid Services has released the Medicare Advantage, Part C and Medicare Part D Star Ratings that rank MA plans by the quality of health and drug services received by consumers.
Thirty-one contracts for both Medicare Advantage and the Part D drug plan earned 5 stars, compared to 57 in 2023.
Four contracts received the low overall ranking of 2 stars, the same as 2023.
Approximately 42% of MA-PD contracts that will be offered in 2024 earned 4 stars or higher for their 2024 overall rating. Weighted by enrollment, approximately 74% of MA-PD enrollees are currently in contracts that will...