Centene expects its Medicare Advantage star ratings to decline

Centene expects a significant number of its Medicare Advantage plans’ star ratings to drop this year, executives said during an earnings call Tuesday.

Regulatory allowances CMS offered during the COVID-19 public health emergency caused a record number of Medicare Advantage insurers to receive top ratings on the program’s one to five scale, but that policy wasn’t intended to be permanent. CMS is reevaluating how it will calculate star ratings…