Older adults often caught in Medicare switching cycle

Medical Economics October 23, 2024
Todd Shryock

Key Takeaways

• Individuals switching between Medicare Advantage and traditional Medicare often switch again, with 6.5% returning to MA plans within three years.
• Lack of Medigap access post-initial enrollment may influence switching behavior, though no significant differences were found among those with Alzheimer’s.
• Frequent plan switching incurs administrative costs for insurers and the government, emphasizing the need for informed decision-making.
• Beneficiaries should evaluate total costs, provider networks, and state Medigap policies when considering switching Medicare plans.

Study finds that patients often rotate between Medicare Advantage and traditional Medicare

Medicare’s Open Enrollment period means millions of older adults and people with disabilities face a choice of either remaining with their current Medicare plan or switching to a new option. A...

Today's Sponsors

Today's Sponsor