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elevance health explores options after decline in medicare advantage star ratings

Elevance Health's CEO, Gail Boudreaux, announced the company is exploring options following a decline in its Medicare Advantage Star Ratings for 2025, which affects member enrollment in higher-rated plans. Despite improvements in nearly 60% of measures for 2026, a narrow miss on a key contract led to significant rating impacts. The situation reflects broader industry challenges, with other insurers like UnitedHealthcare and Humana also contesting their ratings amid increased cut points.
Healthcare Finance News
UnitedHealthCare of Alabama Inc. SCAN Health Plan Elevance Health, Inc. Blue Cross Blue Shield of Georgia Humana Inc. USA John Rensten Gail Boudreaux Show more
Regulatory & Legal, News Article
15:56 21.10.2024
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