More insurance brokers would choose traditional Medicare over Medicare Advantage: Report

Becker's Healthcare March 1, 2023
Rylee Wilson

More insurance brokers said they would enroll in traditional Medicare over Medicare Advantage in focus groups conducted by the Commonwealth Fund.

In a report published Feb. 28, the Commonwealth Fund detailed the top concerns of Medicare insurance brokers from focus groups.

Here’s six things to know about what brokers have to say about the state of Medicare:

1. Most of the brokers interviewed said they received higher commission rates to enroll clients in Medicare Advantage plans over Medigap plans.
2. Commissions for Part D supplement plans were too low to fairly compensate brokers, focus group participants said. Low commissions disincentivize brokers from reviewing part D options with clients each year, according to the Commonwealth Fund.
3. Focus...

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