MedPage Today February 28, 2023
— Commonwealth Fund report: opaque, misaligned agent incentives influence enrollment choices
Agents and brokers who sell Medicare plan coverage often steer their clients to a Medicare Advantage (MA) plan because it earns them a higher commission compared with a Medigap supplemental plan with traditional Medicare that might better serve the beneficiary’s needs.
That’s the finding from a new Commonwealth Fund report that was based on responses from more than two dozen sellers of MA, Medigap supplemental, and Part D plans who participated in focus groups the fund organized in September 2022.
For example, one California broker was extremely candid: “A lot of times … you’re pushing an Advantage plan when someone wants a freedom of choice [of doctor], which would...
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