Forbes November 6, 2023
It’s open enrollment season for Medicare, but government health plan ratings meant to promote consumerism and value are less than totally open in the information seniors needs to make the right choice.
That’s important, because some 31 million Americans are now enrolled in nearly 4,000 Medicare Advantage health plans, or a record 51 percent of eligible Medicare beneficiaries, according to KFF, a non-partisan foundation. Moreover, almost three-quarters of enrollees chose a plan with at least a four-star rating.
Here’s the problem: while MA plans are offered on a county-by-county basis, the star ratings don’t show a local experience. Instead, the ratings actually reflect the plan’s contract with the government, which could cover part of a state, an entire state or...
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