Friday, December 30, 2022

Declines in Medicare Advantage Part C Overall Star Ratings for Many Insurers

 

 

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Declines in Medicare Advantage Part C Overall Star Ratings for Many Insurers

 

October 31, 2022

 

The Centers for Medicare & Medicaid Services (CMS) created the Part C & D Star Ratings to provide quality and performance information to Medicare beneficiaries to assist them in choosing their health and drug services during the annual fall open enrollment period. The Star Ratings system also rewards higher-performing plans. As expected, CMS made several changes to the methodology used to determine the star ratings between 2022 and 2023. Among them were increases in the weights of the patient experience/complaints and access measures, from a weight of 2 to a weight of 4. These changes led to significant declines in the number of contracts rated 3.5 stars or higher for 2023. Medicare Benefits Analyzer™, a Mark Farrah Associates’ database, helps simplify analysis of the Medicare.gov data, including details on the Star Ratings metrics for companies competing in this segment. This brief presents a snapshot of the 2021 to 2023 Medicare Advantage (MA) Star Ratings for Part C Overall. 

 

 

 

 

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