CVS’s Earnings Will Take a Hit as Govt Cuts Ranking for Well being Plan


Health said its revenue will take a hit in 2024 because the Centers for Medicare and Medicaid has given one of its Medicare Advantage health insurance plans a lower quality rating.

CMS released its 2023 Star Ratings for Medicare Advantage and Medicare Part D prescription-drug plans, and CVS said in a filing Thursday that there was a one-star cut for CVS’s Aetna National PPO, or preferred provider organization. The rating dropped to 3.5 stars from 4.5 stars, CVS said

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