Most Medicare Advantage beneficiaries don’t compare plans: 5 numbers to know
Becker's Healthcare September 27, 2024
Most Medicare enrollees do not compare plans during open enrollment, according to a report from KFF.
The report, published Sept. 26, analyzed data from the 2022 Medicare Current Beneficiary Survey, the most recent year available.
Most Medicare beneficiaries, 69%, said they did not compare the different plan options available to them during the open enrollment period.
Here are five numbers to know:
- Medicare Advantage enrollees were more likely to compare plan options than their peers in traditional Medicare. Among MA beneficiaries, 35% compared plan options, while 27% of traditional Medicare beneficiaries did the same.
- Older beneficiaries were less likely to compare plan options. Of beneficiaries over 85, 82% did not compare options, compared to 65%...