Centene says Medicare Advantage star scores worse than expected

Centene’s quality scores for its Medicare Advantage plans came in worse than its executives expected, jeopardizing the insurer’s revenue in 2024.  

Federal regulators assess Medicare Advantage plans’ quality through star ratings, which span a five-point scale. Plans that achieve a score of four stars or higher receive bonuses, which insurers rely on to offer generous benefits to differentiate their products in the crowded Medicare…