Fortune October 28, 2024
During this Medicare open-enrollment season, people selecting options for 2025 can often choose among a dizzying number of Part D drug plans and private insurers’ Medicare Advantage plans. Medicare’s star ratings can help you narrow down choices—if you understand what they mean.
But few people on Medicare bother to look to the stars, according to the KFF health policy research group. “When asked whether these star ratings influenced their decision-making when choosing a plan, the majority of participants says no,” a 2023 KFF report says.
They’re making a mistake.
What Medicare star ratings can tell you
The star ratings, which you can find in the Medicare site’s Plan Finder tool comparing Part D and Medicare Advantage (the alternative to original...
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