The popularity of Medicare Advantage plans among seniors has increased rapidly in recent years. The number of people enrolled in a Medicare Advantage plan has more than doubled since 2010, with over 24 million people getting their Medicare coverage through some type of MA plan. Reports indicate that the convenience, savings and extra benefits available with MA plans are the primary reasons why so many seniors are choosing MA over Medicare supplements or just enrolling in traditional Medicare alone.
With so much growth, many areas around the country have seen a notable increase in the number of Medicare Advantage plans available, making the challenge of choosing a plan a daunting task for seniors. To help with the decision process, the Centers for Medicare & Medicaid Services release star ratings annually. Plans are rated by CMS on a one-to-five scale, with five stars representing excellent performance.
Essence Healthcare received a perfect plan rating of five stars for 2022. This means Essence received top marks for helping members stay healthy and better manage any health conditions, member satisfaction and retention, and responsive and helpful customer service.
Founded in 2003 by a group of St. Louis-area doctors, Essence Healthcare has grown to become one of the leading Medicare insurance plans in St. Louis, with over 64,000 members. The company credits its success to its collaborative partnerships with area physicians and health systems, as well as the loyalty and enthusiasm of its members throughout the community.
“When your customers are in the same community you work and live, you take extra pride in what you do,” said Martha Butler, president of Essence Healthcare. “We are committed to ensuring our members get great healthcare, great service and great benefits. And I think that commitment is what has led to our success in St. Louis and, ultimately, this recognition from CMS.”
Seniors living in the St. Louis area have an opportunity to enroll in Essence Healthcare outside of the typical annual enrollment period. “Seniors in our area are entitled to a special election period, allowing them to switch to Essence Healthcare now and throughout 2022,” said Joel Andersen, SVP of marketing at Essence. “Doing just a little homework and comparing to current benefits can result in thousands of dollars in savings for many seniors.”
For more information about Essence Medicare Advantage plans, visit EssenceHealthcare.com.