Fierce Healthcare October 2, 2023
The industry is just two weeks away from the beginning of Medicare’s annual enrollment period, a critical window for the hottest market in insurance.
The period begins Oct. 15 and runs through Dec. 7, and Medicare beneficiaries will be tasked with the critical decision of enrolling in the fee-for-service program or opting instead for Medicare Advantage (MA). They’ll also be able to choose prescription drug benefits and any other supplemental offerings that suit their needs for the coming year.
The Centers for Medicare & Medicaid Services (CMS) estimates that MA premiums will rise by 4% in 2024, though most members won’t feel the changes if they elect to stay with the same plan. The agency also estimates that MA...