HealthExec March 8, 2021
About one-quarter of elderly Americans don’t fully understand their Medicare Advantage or Medicare Supplement plans, according to a new survey.
The findings also revealed where Americans turn when they lack understanding of the health insurance plans they rely on. Currently, about one-third of all Medicare recipients are enrolled in a Medicare Advantage plan.
When it came to MA plans, 29% said they understand their plans not very well or not well at all, according to the survey, which was conducted by MedicareGuide and queried more than 1,000 adults 65 and older. When it came to Medicare Supplement plans, 23% said they do not fully understand their plans.
Part of the problem may stem from the vast differences between the...
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