Tag: Medicare Plans

most-medicare-beneficiaries-dont-compare-coverage-options-during-open-enrollment

Most Medicare beneficiaries don’t compare coverage options during open enrollment

Since not shopping around can have an impact on enrollees’ coverage and costs, CMS recommends they review and compare plans each year. The numbers are similar across both Medicare Advantage and traditional Medicare, with 68% of MA beneficiaries saying they don’t compare medical plans, and 73% of those in traditional Medicare claiming the same. The […]
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2022 Medicare Advantage Plan Overview, Part Two: Portfolio Strategy And Leading Carriers

  The ideal value chain for any industry or company is one built for lifelong customer retention and loyalty. One component of such a chain is a portfolio strategy that continues to offer maximum choice and affordability. For insurers in the Medicare market, this equates to a mix of plan designs and standalone prescription drug […]
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Medicare-Advantage-Plans-Benefits

Medicare Advantage Plans and Benefits Exploding in Popularity

Many plans charge a daily copayment, starting the first day, compared to deductibles charged by traditional Medicare plans. Last fall, I reported on the rise of Medicare Advantage (MA) plans, most of which have added coverage for issues associated with the social determinants of health (SDoH). Of 62 million Medicare beneficiaries, over 24 million enrolled […]
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Medicare Advantage Plans and the Two-Midnight Rule

Controversy continues to swirl around this subject. A recent article of mine focused on the argument that Medicare Advantage (MA) plans have to follow the two-midnight rule. It certainly generated buzz; I received a number of emails with comments and questions. First, I want to note that I love getting comments and questions. I can’t […]
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