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Alignment Health Plan Recognized as One of Four Medicare Advantage Prescription Drug Plans in the U.S. for 2026 Excellence in Quality

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Alignment Health Plan (NASDAQ: ALHC) was named one of four U.S. Medicare Advantage prescription drug (MAPD) plans to receive the 2026 PQA Laura Cranston Excellence in Quality Award. Only 1.6% of 613 eligible contracts earned recognition, and this is Alignment’s seventh such award.

The honor requires at least a 4.5-star Part D summary rating and a 5-star score on all five Pharmacy Quality Alliance medication measures, including adherence for diabetes, hypertension and cholesterol, comprehensive medication reviews, and statin use in persons with diabetes.

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News Market Reaction – ALHC

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46 alerts
-5.01% News Effect
-5.0% Trough in 4 hr 56 min
-$188M Valuation Impact
$3.57B Market Cap
1.1x Rel. Volume

On the day this news was published, ALHC declined 5.01%, reflecting a notable negative market reaction. Argus tracked a trough of -5.0% from its starting point during tracking. Our momentum scanner triggered 46 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $188M from the company's valuation, bringing the market cap to $3.57B at that time.

Data tracked by StockTitan Argus on the day of publication.

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Pharmacy Quality Alliance award underscores sustained excellence in care delivery, medication adherence and pharmacy excellence for seniors

ORANGE, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) has been recognized for excellence in quality for its Medicare Advantage prescription drug (MAPD) plan by the Pharmacy Quality Alliance (PQA). Out of 613 eligible contracts, only 1.6% achieved recognition, highlighting the significance of this award.

The recognition marks the seventh time Alignment has received this award, reinforcing its dedication to providing the best care for seniors. The PQA has measured medication safety for the Centers for Medicare and Medicaid Services (CMS) since 2006, ensuring medication safety, adherence and appropriate use.

“We are incredibly honored that Alignment Health Plan has once again been recognized by PQA as a national leader in medication safety and adherence,” said Dawn Maroney, CEO, Alignment Health Plan. “Being one of only four MAPD plans to earn the 2026 Excellence in Quality Award reinforces our mission to put seniors first. By combining sophisticated data analytics with personalized care, we continue to bridge care gaps and empower our members to live their healthiest, most vibrant lives.”

The 2026 PQA Laura Cranston Excellence in Quality Award goes to MAPDs with at least a 4.5-star Part D summary rating and a perfect 5-star rating on all five PQA medication measures used in CMS’s star ratings program. Alignment Health was one of four MAPDs that earned the perfect rating on the following five PQA measures: medication adherence for diabetes medications; medication adherence for hypertension (RAS antagonists); medication adherence for cholesterol (statins); medication therapy management program completion rate for comprehensive medication reviews; and statin use in persons with diabetes. CMS evaluates Medicare plan quality every year based on a 5-star rating system.

Alignment’s MAPD plans provide prescription drug coverage with personalized support to help members – particularly those managing multiple chronic conditions – access the medicine they need to stay healthy. The company continues to differentiate itself through its comprehensive, data-driven pharmacy initiatives designed to reduce medication-related risks and improve adherence. These efforts are supported by close collaboration with providers and pharmacies to deliver coordinated, patient-centered care, promoting the safe and timely use of appropriate medications.

“This recognition reflects our unwavering focus on quality and our commitment to delivering safe, effective, and high-quality pharmacy care for the seniors who place their trust in us,” said Ruby Liu, senior vice president of pharmacy, Alignment Health. “While we are proud to receive this honor, we are even more proud of the meaningful impact our pharmacy programs have on our members’ daily lives. Our team remains firmly committed to continuous improvement as expectations for pharmacy quality continue to rise.”

Alignment Health Plan received the PQA Excellence in Quality Award in 2025, from 2018 to 2022 and the PQA Quality Improvement Award in 2018, becoming the first health plan to receive both PQA awards in the same year. The PQA has recognized Medicare prescription drug plans for their achievements in medication safety since 2011. 

About Alignment Health
Alignment Health is championing a new path in senior care that empowers members to age well and live their most vibrant lives. A consumer brand name of Alignment Healthcare (NASDAQ: ALHC), Alignment Health’s mission-focused team makes high-quality, low-cost care a reality for its Medicare Advantage members every day. Based in California, the company partners with nationally recognized and trusted local providers to deliver coordinated care, powered by its customized care model, 24/7 concierge care team and purpose-built technology, AVA®. As it expands its offerings and grows its national footprint, Alignment upholds its core values of leading with a serving heart and putting the senior first. For more information, visit www.alignmenthealth.com.

Media Contact
Jerry Slowey
publicrelations@ahcusa.com


FAQ

What PQA quality award did Alignment Health Plan (NASDAQ: ALHC) receive for 2026?

Alignment Health Plan received the 2026 PQA Laura Cranston Excellence in Quality Award. According to Alignment Health, this award recognizes MAPD plans with strong CMS star ratings and perfect scores on five key Pharmacy Quality Alliance medication safety and adherence measures.

Why is the 2026 PQA Excellence in Quality Award significant for Alignment Health Plan (ALHC)?

The award places Alignment Health Plan among only four MAPD plans nationwide honored for 2026. According to Alignment Health, just 1.6% of 613 eligible contracts earned recognition, underscoring its performance on CMS Part D star ratings and PQA medication measures.

What quality measures did Alignment Health Plan meet to earn the 2026 PQA award?

To earn the 2026 award, Alignment needed at least a 4.5-star Part D summary rating and 5 stars on five PQA measures. According to Alignment Health, these include adherence for diabetes, hypertension, cholesterol, medication reviews, and statin use in persons with diabetes.

How often has Alignment Health Plan (ALHC) been recognized by the Pharmacy Quality Alliance?

Alignment Health Plan has received the PQA Excellence in Quality Award seven times. According to Alignment Health, it earned this award in 2025 and from 2018 to 2022, and also received the PQA Quality Improvement Award in 2018, becoming the first plan to hold both that year.

What does the PQA recognition mean for Alignment Health Plan’s Medicare Advantage members?

The recognition indicates high performance on medication safety and adherence for MAPD members. According to Alignment Health, its data-driven pharmacy programs, provider collaboration, and personalized support aim to reduce medication-related risks and help seniors, especially with multiple chronic conditions, access needed medicines.

How does CMS evaluate the quality of Medicare Advantage prescription drug plans like Alignment Health Plan?

CMS evaluates Medicare plans annually using a 5-star rating system. According to Alignment Health, the 2026 PQA award requires at least a 4.5-star Part D summary rating plus perfect 5-star scores on five Pharmacy Quality Alliance medication-related measures included in the CMS star ratings program.