CMS Upgrades Clover Health’s PPO Plan to 3.5 Stars
Clover Health Investments, Corp. - Class A Common stock (CLOV)
Company Research
Source: GlobeNewswire
NASHVILLE, Tenn., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Today, Clover Health (Nasdaq: CLOV) (“Clover”) announced that the Centers for Medicare and Medicaid Services (CMS) has upgraded Clover’s PPO plan to 3.5 stars on the Medicare Star Ratings for its Medicare Advantage (MA) plans for the 2020 measurement year. Currently, over 90% of Clover’s Medicare Advantage membership is served through its PPO plan. “The improved star rating for our PPO plan demonstrates our ability to improve access to great, affordable care and meaningfully impact the lives of our members. We have high conviction that our open network approach is fundamental to promoting health equity, and we remain laser-focused on addressing our members’ needs,” said Andrew Toy, President of Clover. Recently, Clover announced that CMS approved Clover’s 2022 expansion plans, which will nearly double the geographic footprint of Clover’s Medicare Advantage plans and make its PPO plan accessible to Medicare eligibles in 209 counti
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- Clover Health Provides Notice Associated with Previously Disclosed Settlement of Shareholder Derivative Actions [Yahoo! Finance]Yahoo! Finance
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CLOV
Sec Filings
- 4/22/24 - Form 4
- 4/22/24 - Form 8-K
- 4/5/24 - Form 4
- CLOV's page on the SEC website