---
schema_version: "secwatch.filing_event.v1"
accession: "0001801170-25-000253"
form_type: "8-K"
ticker: "CLOV"
cik: "0001801170"
company_name: "CLOVER HEALTH INVESTMENTS, CORP. /DE"
filed_at: "2025-10-09T23:59:59+00:00"
generated_at: "2026-05-17T04:13:40.804088+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clover Health's 2026 MA Star Ratings: PPO 3.5 Stars, HMO 4.0 Stars; Company confident in offsetting impact

## Summary
- CMS awarded Clover's PPO plans 3.5 Stars and HMO plan 4.0 Stars for 2026 ratings, affecting payment year 2027.
- CEO Andrew Toy states the Star rating does not dominate results due to Clover Assistant's AI-driven care improvements and platform momentum.
- H1 2025 results: revenue up 34% YoY, membership up 32% YoY, sustained Adjusted EBITDA profitability.
- Clover's PPO plans achieved HEDIS clinical quality score of 4.72, attributed to Clover Assistant platform.
- Company actively engaging with CMS, believes Star methodology overweighs non-outcomes measures.

## SEC filing metadata
- accession: 0001801170-25-000253
- form_type: 8-K
- ticker: CLOV
- cik: 0001801170
- company_name: CLOVER HEALTH INVESTMENTS, CORP. /DE
- filed_at: 2025-10-09T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801170/000180117025000253/0001801170-25-000253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801170/000180117025000253/clov-20251009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801170-25-000253
- JSON: https://secwatch.observer/filing/0001801170-25-000253.json
- Plain text: https://secwatch.observer/filing/0001801170-25-000253.txt

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