Centene Corporation (NYSE: CNC) commented on updated Medicare Star quality ratings for the 2018 rating year published today by the Centers for Medicare and Medicaid Services (CMS). The 2018 rating year will affect quality bonus payments for Medicare Advantage plans in 2019. The results indicate that Health Net of California, Inc.'s Medicare Advantage plan (H0562) will move to a 3.5 Star rating from a 4.0 Star rating for the 2018 rating year. The effect of this Star rating change will lower Centene Corporation's parent Star rating for the 2018 rating year from 4.0 Stars to 3.5 Stars. ... |