Medicare Advantage plans contend with election anxiety

Becker's Healthcare September 9, 2024
Rylee Wilson

Medicare Advantage plans are tasked with educating members about significant changes coming to the program in 2025. They also have to find a way to break through the noise of an election year.

Two changes in Part D benefits laid out in the Inflation Reduction Act take effect in 2025 — a $2,000 out-of-pocket maximum, and an option to spread out-of-pocket costs into even payments over an entire year.

Kortney Cruz, senior vice president of government markets at Independence Blue Cross, told Becker’s these changes will ultimately benefit seniors.

“However, it is also forcing carriers to rethink how they approach Part D, which is going to cause a lot of noise. At the end of the day,...

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