Healthcare DIVE October 13, 2023
Emily Olsen

About 42% of Medicare Advantage plans that offer prescription drug coverage in 2024 earned four or more stars, compared with just over half this year.

Dive Brief:

  • About 42% of Medicare Advantage plans offering prescription drug coverage in 2024 will receive four or more stars, a decrease from 51% of plans this year and 68% of plans in 2022, according to data released on Friday by the CMS.
  • The five-star annual ranking system was established by the Affordable Care Act to help beneficiaries compare the quality of MA plans and Part D prescription drug plans ahead of the open enrollment period, which runs from Oct. 15 through Dec. 7. But the ratings are also a key financial indicator for...

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Topics: CMS, Govt Agencies, Insurance, Medicare Advantage, Provider
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