Why do only 3 out of 10 Medicare beneficiaries shop for health plans?

Seventy-one percent of Medicare beneficiaries in 2018 did not take advantage of open enrollment to compare and select the plan coverage that best suits their needs, according to new research from the Kaiser Family Foundation (KFF)—causing many beneficiaries to incur “unexpected and avoidable costs.”

Why health care consumers don’t have a savvy shopping habit

KFF study findings

For the study, KFF analyzed the 2019 Medicare Current Beneficiary Survey to determine the number of beneficiaries who compared plans during the 2018 open enrollment period, the number who compared drug coverage in Medicare Advantage and stand-alone drug plans, and to identify variations between different demographics.

How to engage Medicaid members in closing care gaps