MAPD

Eighty-seven (87) percent of Aetna Medicare Advantage members in 4-star plans or higher for 2024

Retrieved on: 
Friday, October 13, 2023

WOONSOCKET, R.I., Oct. 13, 2023 /PRNewswire/ -- Aetna®, a CVS Health® company (NYSE: CVS), announced today that 87 percent of its Medicare Advantage (MA) members are in 2024 Medicare Advantage Prescription Drug (MAPD) plans that are rated 4 stars or higher (out of 5 stars) by the Centers for Medicare & Medicaid Services (CMS). This represents a significant achievement, given the considerably more stringent CMS measurement criteria this year.

Key Points: 
  • WOONSOCKET, R.I., Oct. 13, 2023 /PRNewswire/ -- Aetna®, a CVS Health® company (NYSE: CVS), announced today that 87 percent of its Medicare Advantage (MA) members are in 2024 Medicare Advantage Prescription Drug (MAPD) plans that are rated 4 stars or higher (out of 5 stars) by the Centers for Medicare & Medicaid Services (CMS).
  • "We are committed to delivering outstanding experiences and driving improved health outcomes for our Medicare Advantage members," said CVS Health President and CEO Karen S. Lynch.
  • "Our strong 2024 Star Ratings for Aetna are a result of focused execution and seamless collaboration across our entire company.
  • Visit AetnaMedicare.com to learn more about the 2024 Aetna Medicare plans.

HCSC Continues to Grow Medicare Coverage in 2024

Retrieved on: 
Thursday, August 10, 2023

CHICAGO, Aug. 10, 2023 /PRNewswire/ -- Health Care Service Corporation (HCSC) intends to offer Medicare plans in 99 additional counties across Illinois, Montana, New Mexico, Oklahoma and Texas next year.

Key Points: 
  • With the anticipated 2024 footprint, HCSC will offer Medicare Advantage (MA) and/or Medicare Advantage Prescription Drug (MAPD) plans in more than 82% of counties in the states it serves.
  • HCSC designed the 2024 product offerings to meet the diverse needs of Medicare-eligible individuals, offering benefits beyond traditional Medicare coverage.
  • "With expanded coverage and competitively priced offerings across our five states, HCSC remains a market-leader in providing affordable health care coverage to all members," said Nathan Linsley, HCSC Senior Vice President, Government & Individual Markets.
  • HCSC currently insures more than 18 million Americans in five states, including 1 million Medicare members.

Alignment Healthcare Spotlights Improved Senior Health Outcomes, Greater Access to Care in 2nd Annual ESG Report

Retrieved on: 
Monday, July 31, 2023

ORANGE, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today released its second annual environmental, social and governance (ESG) report .

Key Points: 
  • ORANGE, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today released its second annual environmental, social and governance (ESG) report .
  • This is estimated to drive a greater than 21% reduction in diabetes-related deaths – up from the 20% reported in Alignment’s 2021 ESG report.
  • Alignment alleviates health care access and quality problems by considering a member’s full health care journey.
  • Providing proactive support to boost medication adherence and health screenings: Continuous monitoring of members’ health profiles and timely alerts are integral to Alignment’s holistic approach to health care.

Molina Healthcare to Acquire Bright HealthCare’s California Medicare Business

Retrieved on: 
Friday, June 30, 2023

Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that it has entered into a definitive agreement to acquire 100% of the issued and outstanding capital stock of Brand New Day and Central Health Plan of California (collectively, the “CA Health Plans”), each of which is a wholly owned subsidiary of Bright Health Company of California, Inc (“BHCA”).

Key Points: 
  • Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that it has entered into a definitive agreement to acquire 100% of the issued and outstanding capital stock of Brand New Day and Central Health Plan of California (collectively, the “CA Health Plans”), each of which is a wholly owned subsidiary of Bright Health Company of California, Inc (“BHCA”).
  • BHCA currently offers MAPD, D-SNP, and C-SNP products in 23 counties in California, with 60% overlap with Molina’s Medicaid footprint.
  • It accelerates Molina’s D-SNP growth initiatives and activates the Los Angeles County 2024 D-SNP option the Company had negotiated with the state.
  • We acquire viable assets at attractive valuations, then deploy our proven team of operators to deliver improved financial results,” said Joe Zubretsky, President and Chief Executive Officer of Molina.

Milliman Retiree Health Cost Index: A healthy 65-year-old retiree needs to save between $90,000 and $203,000 for healthcare costs if they retire in 2023

Retrieved on: 
Monday, May 1, 2023

This is despite a 3.4% increase in savings needed as a result of recent high inflation driving up the expected short-term healthcare cost trend.

Key Points: 
  • This is despite a 3.4% increase in savings needed as a result of recent high inflation driving up the expected short-term healthcare cost trend.
  • Increases in Medigap and Part D premiums and out-of-pocket expenses were largely offset by the lower Medicare Part B costs.
  • The main driver of the increased savings needed is due to the higher expected short-term healthcare cost trend.
  • To view the complete Retiree Health Cost Index, go to https://www.milliman.com/retireehealthcosts .

Superior HealthPlan STAR+PLUS Medicare-Medicaid Plan (MMP) Rated by Members as One of the Top Plans in the Country

Retrieved on: 
Tuesday, April 4, 2023

This marks the third year the plan has ranked in the top 10 nationally.

Key Points: 
  • This marks the third year the plan has ranked in the top 10 nationally.
  • "Providing quality healthcare to the more than 2 million members we serve remains our top priority," said Dr. David Harmon, Chief Medical Director at Superior HealthPlan.
  • "This survey, which is based on feedback directly from our members, clearly shows that Superior is committed to providing quality and comprehensive healthcare to Texans."
  • Based on that feedback, Superior tied for the highest overall rating among health plans with a 90 out of 100 and was the only plan from Texas in the top 10.

Global Metal Sputtering Target Material Market Report to 2030 - Featuring Hitachi Metals, Honeywell, ULVAC and Advantec Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 8, 2022

The following are the top 5 factors that restrain the demand for metal sputtering target material market:

Key Points: 
  • The following are the top 5 factors that restrain the demand for metal sputtering target material market:
    What is the market size and forecast of the Global Metal Sputtering Target Materials Market?
  • Which are the products/segments/applications/areas to invest in over the assessment period in the Global Metal Sputtering Target Materials Market?
  • What is the market share of the leading players in the Global Metal Sputtering Target Materials Market?
  • What modes and strategic moves are considered favorable for entering the Global Metal Sputtering Target Materials Market?

Lumeris Drives 5-Star "Plus" Results for Essence Medicare Advantage Plan

Retrieved on: 
Wednesday, October 19, 2022

ST. LOUIS, Oct. 19, 2022 /PRNewswire/ -- Essence Healthcare, using the population health technology, tools and expertise of Lumeris, the industry's leading value-based care solution, once again achieved the highest Overall Plan Rating of 5 stars by the Centers for Medicare & Medicaid Services (CMS). Their raw score of 5.115 is indicative of consistent high performance along with continued year over year improvement. Lumeris' commitment to quality has enabled Essence to perform in the top tier of Medicare Advantage plans for the last 13 years, showing the power of Lumeris to produce over time.

Key Points: 
  • Lumeris' commitment to quality has enabled Essence to perform in the top tier of Medicare Advantage plans for the last 13 years, showing the power of Lumeris to produce over time.
  • "The performance of Essence Healthcare demonstrates that a sustainable model for value-based care is possible," said Mike Long, chairman and CEO of Lumeris.
  • Those capabilities include supporting 5-star Medicare Advantage plans, like Essence, which is expanding into five new states for 2023.
  • Essence's Medicare Advantage plans offer complete hospital, medical and prescription drug coverage and include additional benefits not covered under the Original Medicare program.

Blue Cross and Blue Shield of Texas Offering Medicare Advantage Plans in 38 New Counties for 2023

Retrieved on: 
Monday, October 17, 2022

RICHARDSON, Texas, Oct. 17, 2022 /PRNewswire/ -- Blue Cross and Blue Shield of Texas (BCBSTX) will now offer health care coverage options for Medicare-eligible individuals in 38 new counties as well as add multiple lower-cost plans in 2023.

Key Points: 
  • RICHARDSON, Texas, Oct. 17, 2022 /PRNewswire/ -- Blue Cross and Blue Shield of Texas (BCBSTX) will now offer health care coverage options for Medicare-eligible individuals in 38 new counties as well as add multiple lower-cost plans in 2023.
  • This expansion allows BCBSTX to offer Medicare Advantage Prescription Drug (MAPD) plans to nearly 4 million eligible residents in 148 counties now covering 58 percent of Texas' 254 counties.
  • "Year over year, the growth of Medicare Advantage brings more choices and coverage so we can meet diverse health needs across Texas."
  • Medicare Advantage plans provided by Blue Cross and Blue Shield of Texas, which refers to HCSC Insurance Services Company (HISC) (HMO, PPO and HMO Special Needs Plans), and also to GHS Insurance Company (GHSIC) (HMO and PPO plans).

Allina Health | Aetna Expands 2023 Medicare Advantage Benefits

Retrieved on: 
Tuesday, October 11, 2022

ST. LOUIS PARK, Minn., Oct. 11, 2022 /PRNewswire/ -- Allina Health | Aetna, a joint venture health plan owned by Allina Health and Aetna®, a CVS Health® company, is dedicated to providing its members with quality care and coverage. Allina Health | Aetna is excited to offer improved Medicare Advantage (MA) benefits this Medicare Annual Enrollment Period (AEP) including lower premiums and maximum out-of-pocket costs (MOOPs), comprehensive dental, improved formulary and insulin savings, an enhanced Medicare payment card and competitive hearing, eyewear and over-the-counter allowances.

Key Points: 
  • ST. LOUIS PARK, Minn., Oct. 11, 2022 /PRNewswire/ -- Allina Health | Aetna, a joint venture health plan owned by Allina Health and Aetna, a CVS Health company, is dedicated to providing its members with quality care and coverage.
  • Allina Health | Aetna is excited to offer improved Medicare Advantage (MA) benefits this Medicare Annual Enrollment Period (AEP) including lower premiums and maximum out-of-pocket costs (MOOPs), comprehensive dental, improved formulary and insulin savings, an enhanced Medicare payment card and competitive hearing, eyewear and over-the-counter allowances.
  • These benefits and more will be available in the current 21-county Allina Health | Aetna service area in 2023.
  • Allina Health | Aetna is a health plan that brings together the resources of Allina Health's high-quality facilities and broad network of care providers with Aetna's national health plan expertise and forward-thinking benefits, products and service solutions.1
    Committed to transforming the way its members experience health care, Allina Health | Aetna is taking a total approach to health and wellness.