Fierce Health Payers October 13, 2021
New data show that 7 in 10 Medicare beneficiaries didn’t compare plans during the 2018 open enrollment period, even though plans can change in their benefits and costs.
The data, released Wednesday by the Kaiser Family Foundation, come as open enrollment for Medicare Advantage and Part D starts Oct. 15. Kaiser also discovered that tools the federal government offers to help consumers choose a plan—including a website and helpline—are not widely used.
“With a growing number of Medicare private plan choices available each year, the fact that such a large share of seniors and people with disabilities report not comparing plans during the open enrollment period warrants attention,” the analysis said.
Kaiser found that 71% of all beneficiaries didn’t compare...
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