Tuesday,
October 22, 2019
Commitment
to quality leads to improved member health outcomes and helps Aetna earn its
first 5-star plan and highest overall weighted average rating among national
health insurers 1
HARTFORD, Conn. — Aetna,
a CVS Health company (NYSE: CVS), announced its Medicare Advantage Prescription
Drug (MAPD) plans have once again received higher-than-average ratings from the
Centers for Medicare and Medicaid Services (CMS) in the annual Star Ratings,
released on October 11. For 2020, Aetna's MAPD plans earned an overall weighted
average rating of 4.3 out of 5.0 stars, with 76 percent (or 1.73 million) of
its Medicare members enrolled in plans rated 4.5 stars or higher the highest
percentage among publicly traded companies.1
Also noteworthy, approximately 99 percent of Aetna's Group
Medicare Advantage members are enrolled in plans rated 4 stars or higher, with
96 percent in plans rated 4.5 stars or higher.
"This year's Star Ratings demonstrate that Aetna's approach
to growing our Medicare business across the country, while maintaining
best-in-class quality, is working," said Christopher Ciano, head of Aetna
Medicare. "We saw a record-breaking volume of Aetna members in 4.5-star
plans and we earned our first 5-star plan. By focusing on the total health of
our members body, mind and spirit, and working closely with our physician
partners and local communities to help our members age and thrive in place, we
are transforming the way consumers experience Medicare in America."
Additionally, the SilverScript Prescription Drug Plan (PDP) the
nation's largest PDP with 6 million members is the only PDP serving over
500,000 members in the industry to achieve 4 out of 5 stars. Through continued
focus on medication adherence and strong operational processes, this contract
delivers the high quality that our members deserve.
Aetna 5-Star Rated Contracts:
·
H3597 Aetna Health Inc. (ME HMO)
Aetna 4.5-Star Rated Contracts:
·
H1609 Aetna Health Inc. (FL/IA HMOs)
·
H3959 Aetna Health Inc. (PA HMO)
·
H5521 Aetna Life Insurance Company (AL, AZ, CA, CO, CT, DC, DE,
FL, GA, IL, IN, KY, LA, MA, ME, MI, MS, NC, NJ, NV, NY, OH, PA, SC, TN, UT, VA,
WA, WI, WY PPOs)
·
H5522 Health Assurance Pennsylvania, Inc. (PA PPO)
·
H7301 Coventry Health Care of Illinois (IL PPO)
Aetna 4-Star Rated Contracts:
·
H2663 Coventry Health Care of Missouri, Inc. (AR, IL,
KS, MO, OK HMOs)
·
H3152 Aetna Health Inc. (NJ HMO)
·
H5793 Aetna Health Inc. (CT HMO)
·
R6694 Aetna Life Insurance Company (NJ, OH PPOs)
·
H7149 Aetna Health Inc. (NE HMO)
CMS' Medicare Star Ratings rank the performance and quality of
Medicare Advantage and Medicare prescription drug plans to help beneficiaries
and their families compare plans. Medicare Advantage plans are rated on how
well they perform on five different categories:
·
Staying healthy
·
Managing chronic (long-term) conditions
·
Member experience with the health plan
·
Member complaints
·
Health plan customer service
Medicare Advantage Prescription Drug (MAPD) plans and stand-alone
prescription drug plans (PDP) are also rated on how well they perform on three
additional categories:
·
Drug plan customer service
·
Member experience with drug plan
·
Drug safety
Aetna Medicare Advantage and SilverScript prescription drug plans
are available to Medicare beneficiaries for selection during the Annual
Enrollment Period, which starts on October 15, 2019, and
runs through December 7, 2019. Enrollment becomes
effective on January 1, 2020.
The star ratings are posted at www.medicare.gov.
Visit aetnamedicare.com to
learn more about Aetna's 2020 Medicare plans or call toll-free at 1-855-335-1407 (TTY: 711). Hours
are from 8 AM to 8 PM, local time, seven days a week.
NOTE: Information in this release is based on 2020 star ratings data published
by CMS on October 11, 2019, and Medicare Advantage and Medicare
prescription drug plan enrollment as of September 2019. Every
year, Medicare evaluates plans based on a 5-star rating system.
About
Aetna
Aetna, a CVS Health company,
serves an estimated 38 million people with information and resources to help
them make better informed decisions about their health care. Aetna offers a
broad range of traditional, voluntary and consumer-directed health insurance
products and related services, including medical, pharmacy, dental and
behavioral health plans, and medical management capabilities, Medicaid health
care management services, workers' compensation administrative services and
health information technology products and services. Aetna's customers include
employer groups, individuals, college students, part-time and hourly workers,
health plans, health care providers, governmental units, government-sponsored
plans, labor groups and expatriates. For more information, visit www.aetna.com and explore how Aetna is helping to
build a healthier world. @AetnaNews
Aetna Medicare is a HMO, PPO plan with a Medicare contract. Our
SNPs also have contracts with State Medicaid programs. Enrollment in our plans
depends on contract renewal. See Evidence of Coverage for a complete
description of plan benefits, exclusions, limitations and conditions of
coverage. Plan features and availability may vary by service area.
SilverScript is a Prescription Drug Plan with a Medicare contract
offered by SilverScript Insurance Company. Enrollment in SilverScript depends
on contract renewal.
Media
Contact
Ethan Slavin
860-273-6095
SlavinE@aetna.com
860-273-6095
SlavinE@aetna.com
Investor
Contact
Jennifer Lynch
860-273-1595
LynchGilliganJ@aetna.com
860-273-1595
LynchGilliganJ@aetna.com
1 Includes publicly traded companies with over 250,000
Medicare Advantage enrollees.
No comments:
Post a Comment