STOCK TITAN

Health Net Earns High Marks in CMS 2021 Star Ratings Report

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Health Net has achieved impressive ratings for its Medicare Advantage plans in California, receiving a 4-out-of-5 Star rating from the Centers for Medicare & Medicaid Services (CMS) for 2021. This marks the third consecutive year Health Net has secured a rating of 4 Stars or higher, highlighting its commitment to delivering quality healthcare. With its extensive network of providers, Health Net serves over 3 million members across California and continues to enhance its service offerings in multiple counties. The Medicare Annual Enrollment Period is ongoing until Dec. 7, 2020.

Positive
  • Achieved a 4-out-of-5 Star rating from CMS for Medicare Advantage plans.
  • Third consecutive year with a rating of 4 Stars or higher.
  • Serves over 3 million members in California.
Negative
  • None.

WOODLAND HILLS, Calif., Nov. 23, 2020 /PRNewswire/ -- Today, Health Net announced its Medicare Advantage plans in California earned high marks from the Centers for Medicare & Medicaid Services (CMS) in the annual Star Quality Ratings for rating year 2021.

Health Net, which serves more than 3 million members in its commercial and government-sponsored plans, received a 4-out-of-5 Star rating for its Medicare Advantage plans in the state. This year marks the third year in a row Health Net has earned a rating of 4 Stars or higher on this prestigious report.

CMS publishes its annual Star Ratings to help Medicare beneficiaries make more informed decisions when selecting a health plan. Medicare plans are ranked on a scale of 1 to 5 Stars, with 5 Stars representing the highest level of quality. The annual ratings are determined by a number of factors, including clinical care, member service experience, and member feedback gathered annually on how well plans did in several categories, including quality of care and customer service.

"These ratings reflect our uncompromised commitment to ensuring our members have access to high-quality, comprehensive healthcare and services," said Brian Ternan, President and CEO of Health Net of California and California Health and Wellness. "At Health Net, we are committed to meeting the needs of our members, improving our products and services, working collaboratively with our network of providers, and enhancing our quality activities to encourage a culture of excellence."

In 2021, Health Net will continue to offer Medicare Advantage plans in Alameda, Fresno, Imperial, Kern, Los Angeles, Orange, Placer, Riverside, Sacramento, Santa Clara, San Bernardino, San Diego, San Francisco, Stanislaus, Tulare, and Yolo counties.

The Medicare Annual Enrollment Period for all Medicare health plans runs now through Dec. 7, 2020. To learn more about joining a Health Net plan in California, visit www.healthnetadvantage.com.

###

Health Net is contracted with Medicare for HMO, HMO C-SNP, HMO-D-SNP and PPO plans, and with some state Medicaid programs. Enrollment in Health Net depends on contract renewal. This information is not a complete description of benefits.

Every year, Medicare evaluates plans based on a 5-star rating system. Health Net complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex.

Please contact your plan for details.

ATTENTION: If you do not speak English, language assistance services, free of charge, are available to you. Call 1-800-275-4737; (TTY: 711):
 - (HMO) Complete, Green, Gold Select, Healthy Heart, Ruby, Ruby Select
 - (PPO) Violet

1-800-431-9007; (TTY: 711):
 - (HMO) Sapphire, Sapphire Premier
 - (HMO SNP) Amber I, Amber II, Amber II Premier, Jade

Español (Spanish):
ATENCIÓN: si habla español, tiene a su disposición servicios gratuitos de asistencia lingüística. Llame al 1-800-275-4737; (TTY: 711):
 - (HMO) Complete, Green, Gold Select, Healthy Heart, Ruby, Ruby Select
 - (PPO) Violet

1-800-431-9007; (TTY: 711):
 - (HMO) Sapphire, Sapphire Premier
 - (HMO SNP) Amber I, Amber II, Amber II Premier, Jade

Mandarin Chinese
注意:如果您使用繁體中文,您可以免費獲得語言援助服務。請致電 1-800-275-4737; (TTY: 711):
 - (HMO) Complete, Green, Gold Select, Healthy Heart, Ruby, Ruby Select
 - (PPO) Violet

1-800-431-9007; (TTY: 711):
 - (HMO) Sapphire, Sapphire Premier
 - (HMO SNP) Amber I, Amber II, Amber II Premier, Jade

About Health Net
At Health Net, we believe every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Founded more than 40 years ago, we remain dedicated to transforming the health of our community, one person at a time. Today, Health Net's 3,000 employees and 85,000 network providers serve more than 3 million members. That's nearly 1 in 12 Californians. We provide health plans for individuals, families, businesses of every size, people with Medicare and people with Medi-Cal — Coverage for Every Stage of LifeTM. Health Net also offer access to substance abuse programs, behavioral health services, employee assistance programs and managed health care products related to prescription drugs. We offer these health plans and services through Health Net, LLC and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a Fortune 100 company providing health coverage to more than 20 million Americans. For more information, visit HealthNet.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/health-net-earns-high-marks-in-cms-2021-star-ratings-report-301178277.html

SOURCE Health Net

FAQ

What is Health Net's CMS Star Rating for 2021?

Health Net received a 4-out-of-5 Star rating for its Medicare Advantage plans from CMS for the year 2021.

How many members does Health Net serve?

Health Net serves over 3 million members in California.

When does the Medicare Annual Enrollment Period end?

The Medicare Annual Enrollment Period ends on December 7, 2020.

How long has Health Net maintained a high Star Rating?

Health Net has maintained a rating of 4 Stars or higher for three consecutive years.

What factors contribute to Health Net's Star Ratings?

Star Ratings are based on clinical care, member service experience, and member feedback regarding quality of care and customer service.

Centene Corporation

NYSE:CNC

CNC Rankings

CNC Latest News

CNC Stock Data

30.58B
503.41M
0.27%
99.52%
2.86%
Healthcare Plans
Hospital & Medical Service Plans
Link
United States of America
ST LOUIS