Medicare Star Quality Ratings Reflect Humana's Commitment to Quality Care for Its Members - Insurance News | InsuranceNewsNet

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October 19, 2017 Newswires
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Medicare Star Quality Ratings Reflect Humana’s Commitment to Quality Care for Its Members

Insurance Weekly News

By a News Reporter-Staff News Editor at Insurance Weekly News -- Humana Inc. (NYSE: HUM), one of the nation's leading health and well-being companies, announced the Medicare Star Ratings for its Medicare Advantage (MA) plans from the Centers for Medicare and Medicaid Services (CMS).

Humana currently serves more than 8.5 million Medicare members in all 50 states, Washington D.C. and Puerto Rico, 3.3 million of which are Medicare Advantage members and 5.2 million are stand-alone PDP members. The star ratings were posted at www.medicare.gov.

Humana received a 4.5 star rating on CMS's 5-Star Rating System for five MA contracts offered in FL, IL, KY, MS, NC, NY, OR, and TN, an increase from one such contract last year. Humana has 12 contracts rated 4 Stars or above and 2.4 million members in 4 Star or above rated contracts to be offered in 2018, representing 74% of our MA membership as of July 31, 2017. All of Humana's MA contracts were rated 3.5 Stars or higher, including the company's Regional PPO contracts that were previously rated 3-Stars. The increase in 4.5 Star contracts, as well as the higher 3.5 Star rating for certain contracts, including the company's Regional PPO contracts, are expected to result in positive rebate implications for Humana in 2019.

"Many people with Medicare are living with one or more chronic health conditions," said Alan Wheatley, president, Retail Segment at Humana. "These Star Ratings are the result of Humana's ongoing work with physicians and other health care professionals to improve outcomes and quality of life for our members. In addition, we have invested in programs, services and tools designed to help people achieve their best health, and Humana's Star Quality Ratings reflect that ongoing commitment."

The Medicare 5-Star Rating System rates the excellence of Medicare plans nationally. A plan may receive a rating between one and five Stars, with five Stars representing the highest rating. Star Ratings are calculated each year and may change from one year to the next.

Keywords for this news article include: Humana Inc., Health Policy, Medicare and Medicaid.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

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