Forbes October 24, 2024
In the midst of open enrollment, there’s a lot of consumer (and investor) focus on Medicare Advantage STAR ratings that were announced earlier this month.
STAR Ratings seem simple enough on the surface.
Plans are rated by the Centers of Medicare and Medicaid Services (CMS) on a scale of 1 (low) to 5 (high) based on a basket of measures that capture a Medicare Advantage health plan’s clinical performance and member experience.
But there’s far more to STAR ratings that most people know.
What Are STAR Ratings Anyway?
STAR ratings are a measure of plan quality.
They include objective and subjective measures in of member experience and performance across a basket of 44 measures in 9 categories including staying healthy;...