普通外文研报
CMS to Recalculate and Offer “Better Of” Star Ratings For 2026
研报英文原文证据摘录
CMS to Recalculate and Offer “Better Of” Star Ratings For 2026
Managed Care
CMS to Recalculate and Offer “Better Of” Star June 18, 2026
Ratings For 2026
●CMS To Recalculate All Contracts 2026 Star Ratings – Last Night, June 17th
CMS announced they would be recalculating and offering plans the “better of”
current or recalculated 2026 Star Ratings (Payment Year 2027) for all contracts.
This follows a recent court ruling in favor of Clover Health, where Clover alleged
that CMS improperly included 20 measures in the 2026 Star rating calculation, Justin Lake, CFA
which resulted in a Star rating decline from 4 Stars to 3.5 Stars in the co’s PPO jlake@wolferesearch.com
(646) 582-9280
plan covering a majority of its MA membership (see our recent work here). CMS View Justin’s Research
did note that yesterday’s announcement does not necessarily indicate similar View Comp Table
changes for 2027 as they appeal the Clover decision. Dillon Nissan
●We Recalc For Changes - Impact is Very Modest Here – Don’t See Any dnissan@wolferesearch.com
(646) 582-9281
Material Upside for Plans - We est. HUM and CVS may have modestly positive
impacts overall here with most others seeing none – in fact as illustrated by our Ben Tenner
btenner@wolferesearch.com
recalc below – many more contracts see a decline in Stars vs. improvement – (646) 582-9289
again fortunately CMS is providing “better of” so not a big deal here. In terms of
beneficiaries - HUM’s H1951 which represents ~2.7% of co membership would
see improvement from 4.0 Star to 4.5 Star and H4141 which represents 1.7%
of membership would go from 3.5 to 4.0 Star. For CVS, H4711 and H3928
both representing ~0.1%-0.2% of co membership would see star score improve
from 3.0 to 3.5 Star. Importantly the hold harmless provision in this CMS ruling
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