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Alignment Healthcare Medicare Advantage Plan Named to U.S. News & World Report 2024 Best Insurance Companies for Medicare Advantage in North Carolina for Second Consecutive Year
Alignment’s North Carolina HMO achieved a 4.5- out of 5-star rating from the Centers for Medicare & Medicaid Services for 2024 RALEIGH, N.C. and ORANGE,
About this update from Alignment Healthcare, Inc.
[{"type":"text","content":"Alignment’s North Carolina HMO achieved a 4.5- out of 5-star rating from the Centers for Medicare & Medicaid Services for 2024\nRALEIGH, N.C. and ORANGE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) today announced that its North Carolina plan has been named a 2024 Best Insurance Company for Medicare Advantage (MA) in the state by U.S. News & World Report for the second consecutive year. Alignment Health Plan is one of only three MA plans in North Carolina to earn the U.S. News “Best” rankings badge. This recognition comes on the heels of Alignment’s North Carolina HMO achieving an overall 4.5- out of 5-star rating from the Centers for Medicare & Medicaid Services for 2024. Every year, Medicare evaluates plans based on a 5-star rating, which represents excellent performance. “We are proud to be named a Best Insurance Company for Medicare Advantage in North Carolina from U.S. News & World Report for the second consecutive year,” said Dawn Maroney, president, markets of Alignment Healthcare and CEO of Alignment Health Plan. “This recognition underscores our commitment to providing exceptional products and to enhancing the health care experience for seniors in North Carolina. It's a testament to our North Carolina team, who remain focused on delivering the highest standards of service and support to our valued members.\" The Best Insurance Companies for Medicare Advantage list recognizes Medicare Advantage plans that received an average rating of 4.5 stars or higher, with none rated below 3.0, across all plans within a state. The 2024 ratings also highlight companies that are among the best nationally in overall coverage, low premium plans, member experience and prescription coverage. “At a time when more and more seniors are having to choose between their health care, groceries or rent, our work to provide high-quality care at an affordable cost is even more important,” said Dr. Adam Wolk, regional chief medical officer at Alignment Healthcare. “The needs are great, and we appreciate that seniors in North Carolina continue to trust us to help take care of them.” Alignment has a longstanding presence in North Carolina, having worked with various MA plans in the state since 2014 and then introducing its own Alignment Health Plan coverage in 2021. Today, Alignment Health Plan is available to mor...