Health Payer Intelligence February 9, 2022
Enrollment in Medicare Advantage plans with low premiums and high star ratings was higher among Medicare beneficiaries with high health insurance literacy.
Medicare beneficiaries with high health insurance literacy were more likely to enroll in Medicare Advantage and select low-cost plans with high Medicare Advantage star ratings, compared to those with low health insurance literacy, according to a study published in JAMA Network Open.
Health insurance literacy—an individual’s ability to seek, obtain, and understand insurance coverage—can play a crucial role in selecting a health plan. Having a complete understanding of coverage options may help individuals choose a plan that best suits their health needs.
Health insurance literacy can be especially beneficial for Medicare beneficiaries, as they can...
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