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Photo: Halfpoint Images/Getty Images
Humana was named by US News and World Report as the best overall provider of Medicare Advantage Plans. The report created an honor roll based on star ratings for the newly released Medicare Advantage Plans by the Centers for Medicare and Medicaid Services.
In 2023, the Humana Medicare Advantage Plan received an overall star rating of 4.3 out of 5 stars on average across all 50 states. Pros include over-the-counter benefits, telemedicine coverage, $0 monthly plan premiums in most areas, annual co-pay limits, official Special Needs Plans (SNPs) in 38 states, and doctor and an extensive network of hospitals.
The only downside to Humana is that the average prescription drug plan rating is 3.57, just below the national average of 3.63 out of 5 stars.
Humana was also ranked as the best company for member experience. CMS measures the member experience, such as how easy it is to get the care they need and to see a specialist, how quickly members can get an appointment, members’ subjective ratings of health plans, and the efficiency of care coordination. Evaluate your Medicare Advantage Plan on various aspects of By health care providers. Humana’s 3.8 Member Experience Star Rating beats the national average Member Experience Rating of 3.5 out of 5.
And in another sign of dominance, Humana was declared the best company for low-cost plans. Humana has offered a premium plan for 2022 that will cost him $420 in almost every state. The company’s average Medicare star rating is 4.3 out of 5, and most of its plan members are enrolled in higher rated plans. Humana is one of the largest providers of Medicare Advantage plans, and by 2022 he will have more than 5.1 million enrolled members.
Affiliates of Blue Cross Blue Shield took top honors in the 4th final category. According to US News, many Blue Cross companies offer eligible members personal contact systems so that recipients can contact caregivers and emergency services with the push of a button. And these companies often include 24/7 telemedicine visits. Members can connect to the provider via computer, tablet, or smartphone.
In addition, there are many plans such as transportation assistance after hospitalization and meal delivery, and discount benefits such as medical equipment, hearing aids, and fruit and vegetable delivery services are also available.
what is the impact
The annual enrollment period for Medicare-eligible individuals is October 15 through December 7.
Humana continues to expand its offerings. Together with USAA Life Insurance Company, the insurer rolls out new Medicare Advantage plans for veterans. This is intended to supplement medical benefits received through the VA.
Available to anyone eligible for Medicare, this new co-branded Humana USAA Honor with Rx plan will be available in eight states beginning in 2023, allowing veterans to see a local doctor in the network and stay at home. It gives you the flexibility to pick up your prescription at a pharmacy near you. VA system. This is the only Medicare Advantage Plan developed in partnership with the USAA.
the bigger trend
In CMS’ Medicare Advantage and Part D Star Ratings, released this month, 57 contracts received five stars, down from 74 last year. He had 67 contracts with 4.5 stars (down from 96 last year). 136 (compared to 152) with 4 stars. His 116 (compared to 122) with 3.5 stars. There were 90 3-stars, up from 25 last year.
Key five-star parent companies include Kaiser Foundation Health Plans and UnitedHealth Group. Five Kaiser plans received 5-star ratings this year, and nine 5-star plans belong to companies owned by UnitedHealth Group. Humana and Highmark also boasted numerous five-star plans.
There were 37 plans with 2.5 stars, compared with only 2 last year. At the same time, four plans earned his two stars, while last year had zero. All four two-star plans are Wellcare by Centene Corporation.
1 star represents poor performance, 5 stars represents excellent performance
twitter: @JELagasse
Email the writer: jeff.lagasse@himssmedia.com
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