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Why Agents Should Care About Medicare Advantage Plan Star Ratings

June 27, 2023

Lumeris

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Medicare Advantage plans offer a simpler way for Medicare recipients to get comprehensive care with lower out-of-pocket costs. But with 507 plans available, it can be challenging for beneficiaries to find the ideal plan. That’s why the star rating system is so crucial: it examines the quality of care delivered to patients and enables people to choose the best Medicare Advantage plan from 5-star-rated options. Barry Streit, Essence Senior VP of Growth, emphasized the star rating system’s importance, which evaluates five metrics such as patient experience, customer service, and management of chronic conditions, making it a direct reflection of the quality of service provided. A higher star rating means better coverage, lower out-of-pocket expenses, and a wider range of healthcare providers for beneficiaries. Read more on Barry’s insights now at ThinkAdvisor.

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