Clover Health Investor Day Presentation Deck slide image

Clover Health Investor Day Presentation Deck

Step 3: Further Upside To Economics With Stars While Clover is rated at 3.0 Stars today, we intend to achieve 4+ Stars over time. The Clover Assistant is expected to be a significant driver of our success given our release of Stars features over the past year. (1) H2 2019 Initial Stars features rolled out including cancer screenings and flu shot reminders as well as prompt for physicians to address HOS survey measures such as discussing fall risk and urinary incontinence July 2018 Launch of the Clover Assistant with no Stars features H2 2020 Rollout of features to support alc control, medication adherence, and transition in care measures H1 2020 Further HEDIS features released, such as alert for medication reconciliation post discharge and prompt to address Diabetic Retinopathy exam. Also support for mail order given COVID. I COVID impact on HEDIS and survey measures has limited efforts to drive Stars rating Future Releases Releases are expected to continue to address clinical measures as well as incorporate survey education Regulatory Tailwinds Government support for calculation methodology changes including 1) local, rather than national, comparisons, and 2) alternative weighting methodology for social risk factors, which are insufficiently accounted for currently We estimate an improvement from 3.0 to 3.5 Stars and from 3.5 Stars to 4.0 Stars would each yield ~500 bps (total of ~1,000 bps) improvement in revenue to be reinvested into more benefits for our members, consistent with our growth strategies. Based on recommendations from the Medicare Payment Advisory Commission, an independent, non-partisan legislative branch agency. The agency released a report to Congress in June 2020 titled, "Medicare and the Health Care Delivery System," in which the Stars program is discussed. 20
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