HealthMetrix Research Selects 2021 Medicare Advantage Plans for Exceptional Benefit Value & Overall Performance
COLUMBUS, Ohio, Oct. 15, 2020 /PRNewswire/ -- Medicare Advantage plans in 92 cities will be recognized for exceptional value in the design of their medical and Part D prescription drug benefits available effective January 1. The 2021 Senior Choice Gold Award recipients were selected from Medicare Advantage plans across all states and Puerto Rico based on cost-sharing analysis conducted by HealthMetrix Research Inc. and MedicareNewsWatch.com. The 2021 Senior Choice Gold Award selections include special recognition for plans achieving at least 3.5-star overall ratings for quality and performance as reported by the Centers for Medicare & Medicaid Services (CMS).
According to HealthMetrix Research Inc. president Alan Mittermaier:
"This is the only consumer award that considers both forward-looking cost-sharing along with the Medicare Advantage annual quality and performance star ratings. Each award recipient has demonstrated a commitment to excellence in the design of their 2021 Medicare plan benefits, copayments, deductibles and premiums including the Part D prescription drug benefits. Nearly 80% of the award recipients also achieved at least 4-star overall ratings for exceptional performance that raises the bar for all Medicare Advantage competitors. HealthMetrix Research commends each Medicare Advantage organization for this distinctive dual recognition."
The award criteria were based on 2021 benefits and cost-sharing features approved by Medicare for the selected plans as published on Medicare Plan Finder (www.Medicare.gov). These include applicable plan copayments, deductibles and premiums adjusted for beneficiaries' health status (Excellent, Good, Poor) and utilization of healthcare services. The HealthMetrix Research cost-sharing analysis is available at www.MedicareNewsWatch.com. HealthMetrix Research neither recommends nor endorses specific Medicare Advantage plans.
2021 Senior Choice Gold Award Recipients
The Centers for Medicare & Medicaid Services (CMS) issues ratings annually on a 1-Star (lowest) to 5-Star (highest) scale.
Source: HealthMetrix Research Inc. www.MedicareNewsWatch.com
Contact: Alan Mittermaier, President - HealthMetrix Research Inc. 614-236-8345
SOURCE HealthMetrix Research Inc.