MedPage Today October 13, 2021
— Seniors don’t shop during open enrollment, end up surprised by changes they can’t afford
More than seven in 10 Medicare beneficiaries didn’t check or compare their health plans in 2018 for changes in drug plan pricing, Medicare Advantage plan costs, or provider networks for 2019 — leaving them vulnerable to surprising price increases and reductions in the array of doctors their plans will cover.
That’s according to a new report from the Kaiser Family Foundation (KFF), which also found that certain demographic groups who might benefit the most from comparison shopping were even less likely to check for changes in their plans.
For example, higher percentages of lower income or less well-educated patients, those in poorer health, residents in...