CMS Energy Says In Light Of Recent Court Decisions, Recalculating 2024 Star Ratings For 2025 Quality Bonus Payment Purposes; Assigned All Contracts Recalculated 2024 Overall And Summary Star Ratings; Contract's Star Rating Will Not Be Decreased By CMS Result Of Recalculation; Medicare Advantage Contracts With Increases In Star Ratings Will Have Time-limited Opportunity To Resubmit Their 2025 Bids; Revised 2025 Bids And Any Formulary Changes Must Be Submitted To CMS No Later Than June 28
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CMS Energy announced that due to recent court decisions, it is recalculating 2024 Star Ratings for 2025 Quality Bonus Payment purposes. Contracts with increased Star Ratings can resubmit their 2025 bids by June 28.
June 14, 2024 | 1:08 pm
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CMS Energy is recalculating 2024 Star Ratings for 2025 Quality Bonus Payment purposes due to recent court decisions. Contracts with increased ratings can resubmit their 2025 bids by June 28.
The recalculation of Star Ratings and the opportunity for contracts with increased ratings to resubmit their 2025 bids could positively impact CMS Energy's revenue and market perception.
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