---
schema_version: "secwatch.filing_event.v1"
accession: "0000064803-23-000040"
form_type: "8-K"
ticker: "CVS"
cik: "0000064803"
company_name: "CVS HEALTH Corp"
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:19:04.269607+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 87% of Aetna Medicare Advantage members now in 4+ Star plans for 2024; recovers majority of 2025 revenue headwind

## Summary
- Aetna National PPO improved from 3.5 to 4.0 Stars, driving increase from 21% to 87% of members in 4+ Star plans.
- CMS 2024 Star Ratings expected to recover majority of previously disclosed ~$800M-$1B 2024 revenue headwind in 2025.
- No impact on previously issued 2023 and 2024 guidance; additional updates at Investor Day on December 5, 2023.

## SEC filing metadata
- accession: 0000064803-23-000040
- form_type: 8-K
- ticker: CVS
- cik: 0000064803
- company_name: CVS HEALTH Corp
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64803/000006480323000040/0000064803-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64803/000006480323000040/cvs-20231013.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000064803-23-000040
- JSON: https://secwatch.observer/filing/0000064803-23-000040.json
- Plain text: https://secwatch.observer/filing/0000064803-23-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.