Medicare choices spark revolving door for older adults
News-Medical.Net October 22, 2024
Right now across the country, tens of millions of older adults and people with serious disabilities have a choice to make: whether to stick with their current Medicare option, or change during Open Enrollment.
One of the biggest decisions they face is whether to go with a Medicare Advantage plan offered by an insurance company, or traditional Medicare coverage offered directly by the federal government.
If they change from one to the other, a new University of Michigan study finds, they may be entering a revolving door and find themselves changing again in the future.
On average, the study shows, 3% of people with traditional Medicare switch over to an MA plan each year. But when the researchers looked closely...