Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

in Health

CVS expects $1B hit from Medicare Advantage star ratings dip

by Editor May 25, 2023, 9:07 pm 1.8k Views

Medicare Advantage insurers brace for post-pandemic star ratings drop

CVS Health anticipates insurance revenue will decline up to $1 billion next year after its largest Medicare Advantage plan reported a big drop in star ratings, the company disclosed in a Securities and Exchange Commission filing Thursday.

The Aetna insurance subsidiary enrolled 21% of its Medicare Advantage members in plans rated at least four stars in 2023, down from 87% the prior year. Medicare Advantage plans must achieve four0 or…

Read the full article