ORANGE, Calif.--(BUSINESS WIRE)--Oct 10, 2019--
Alignment Healthcare, a mission-based Medicare Advantage insurance company founded in 2013, announced that its Alignment Health Plan received an overall 4.5-star rating out of a possible 5 stars from the Centers for Medicare & Medicaid Services (CMS) — comprising 4 stars for its Part C and a perfect 5 stars for its Part D offerings. This makes Alignment Health Plan one of very few Medicare Advantage plans in California to earn the 4.5-star rating, and also puts Alignment in the 90th percentile of all Medicare Advantage Prescription Drug plans nationwide.
“We’ve spent years building best-in-class technology and a service-driven care team to partner directly with each and every member to create better clinical outcomes and a better consumer experience,” said Dawn Maroney, consumer president, Alignment Healthcare. “Earning a 4.5-star rating from CMS is a testament to the quality of care and service that our members can expect to receive from Alignment.”
Alignment’s model features 24/7 on-demand access to a concierge care team that also remotely monitors patients around the clock. As a result, Alignment Health Plan received five stars for assessing members for pain, functional status and medications, as well as for managing chronic diseases including diabetes, rheumatoid arthritis and osteoporosis.
In addition, Alignment Health Plan was rated 5 stars for its Part D prescription drug coverage for the third year in a row. CMS awarded Alignment Health Plan 5 stars in numerous subcategories, including:
- Medication Adherence for Cholesterol
- Medication Adherence for Hypertension
- Medication Adherence for Diabetes
- Drug Plan Customer Service
- Drug Safety and Accuracy of Pricing
The quality of the plan offering shows in its clinical outcomes. In California in the past year, hospital in-patient admission and readmission rates among Alignment Health Plan members are well below traditional fee-for-service Medicare benchmarks: 44% lower and 37% lower, respectively.
The 4.5-star rating, up from a 4-star CMS rating in 2019, follows wider industry recognition for Alignment’s outstanding health plan, including:
- The Pharmacy Quality Alliance (PQA) “Excellence in Quality” Award for high achievement in overall prescription drug plan performance and quality of medication use two years in a row;
- The Pharmacy Benefit Management Institute recognition for improving medication adherence rates among seniors being treated for diabetes, high blood pressure and high cholesterol;
- The Senior Choice Gold Award, which honored Alignment Health Plan as one of 24 Medicare Advantage plans across the country to be recognized for cost-sharing effectiveness and value in the design of their 2019 medical and prescription drug benefits for Medicare beneficiaries;
- Being named Orange County, California’s fastest-growing private company in 2019 by the Orange County Business Journal, with revenue growth of 91% over the past two years; and
- A Net Promoter Score of 65 vs. the national industry average of 36. 1
“Delivering the very best care for our seniors, a population that often slips through the gaps of the health care system, is what drives us every day,” said John Kao, CEO, Alignment Healthcare. “We’re thrilled that CMS has honored us, and we are committed to upholding this level of excellence as we serve more and more members each day.”
CMS created the Medicare star quality rating system to help beneficiaries, their families and caregivers compare Medicare Advantage (Part C) and prescription drug (Part D) plans based on quality of care and service delivery. Star ratings are issued every year from 1 to 5 (with 5 being the best) for quality measures across several categories, including keeping members healthy, managing chronic conditions, member satisfaction, customer service and pharmacy services.
To learn more about Alignment’s 2020 Medicare Advantage offerings during the open enrollment season underway Oct. 15 through Dec. 7, visit www.alignmenthealthplan.com.
ABOUT ALIGNMENT HEALTHCARE
Alignment Healthcare is redefining the business of health care by shifting the focus from payments to people. We’ve created a new model for health care delivery that cuts costs and improves lives by unraveling the inefficiencies of the current system to drive patients, providers and payers toward a common goal of wellness. Harnessing best practices from Medicare Advantage, our innovative data-management technology allows us to commit to caring for seniors and those who need it most: the chronically ill and frail. With offices and care centers across the country, Alignment Healthcare provides partners and patients with customized care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation. Alignment Healthcare offers health plan options to California residents through Alignment Health Plan, and partners with select health plans in North Carolina and Florida to help deliver better benefits at lower costs. For more information, please visit www.alignmenthealthcare.com.
1 Deft Research’s 2019 Medicare Member Experience Study
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CONTACT: Media Contact
mPR, Inc. for Alignment Healthcare
Maggie Habib, (310) 916-6934
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: INSURANCE OTHER HEALTH MANAGED CARE GENERAL HEALTH PROFESSIONAL SERVICES WOMEN SENIORS MEN FAMILY CONSUMER HEALTH
SOURCE: Alignment Healthcare
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PUB: 10/10/2019 09:00 AM/DISC: 10/10/2019 09:01 AM