Medicare Advantage insurers get bigger ratings bonuses
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More than two dozen Medicare Benefit insurers acquired increased high quality marks for 2024, based mostly on a STAT evaluation of recent information launched July 2 by the federal authorities.
Ten medical health insurance corporations, together with UnitedHealth Group’s UnitedHealthcare and CVS Well being’s Aetna, acquired important upgrades in a few of their choices that can enable them to earn a whole bunch of tens of millions of {dollars} in further taxpayer-funded bonuses.
Final month, the federal authorities mentioned it will recalculate this yr’s Medicare Benefit star scores, which function a shorthand for an insurance coverage plan’s high quality. Federal courts required the Facilities for Medicare and Medicaid Providers to make adjustments after ruling the company made errors with its personal methodology.
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