HealthLeaders Media April 14, 2021
GoHealth CMO, Paul Hain, MD, shares misconceptions Medicare beneficiaries have about Original Medicare and Medicare Advantage.
A recent GoHealth study found a knowledge gap among Medicare beneficiaries related to the differences in plan coverage of Original Medicare (OM) and Medicare Advantage (MA).
The Chicago-based health insurance marketplace’s study revealed that OM beneficiaries were less knowledgeable than the MA beneficiaries in multiple areas, including benefits and costs.
The findings revealed the following about those enrolled in MA:
- Nearly 80% said cost savings is why they enrolled
- A majority are enrolled due to additional benefits
The study also revealed that for those enrolled in OM:
- About 30% indicated that they are not familiar with MA benefits
- More than four-in-five...
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Topics: CMS, Govt Agencies, Insurance, Medicare, Medicare Advantage, Patient / Consumer, Payer, Provider, Survey / Study, Trends