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Share of MA, Part D plans earning top star ratings drops in 2024

Around 42% of Medicare Advantage plans offering prescription drug coverage in 2024 will get four or more stars, down from 51% this year and 68% in 2022, according to CMS data. The decline comes amid changes in contract performance scores and the implementation of a new deletion method for performance outliers. The star ratings benefit insurers by determining bonuses and influencing bids against higher benchmark rates.

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