Becker's Healthcare July 12, 2022
The majority of fee-for-service Medicare and Medicare Advantage members largely don’t understand their coverage policies, leading to the widespread risk of enrollees who are in plans that don’t fit their health or financial needs, according to a new report from Sage Growth Partners.
The July 11 survey was commissioned by Nashville, Tenn.-based Healthpilot and said the problem will continue unless health plan options become less confusing or seniors employ better advisers and tools to navigate Medicare policies every year.
Five key takeaways:
- While 75 percent of individuals said they are able to choose the best Medicare policy for them, 80 percent could not identify basic components of Medicare and 69...
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