How Do Seniors Choose Their Medicare Plan?
Seniors appreciate having a wide range of Medicare plan private choices available to them but often feel unqualified to choose among them, a new Kaiser Family Foundation report concludes. Based on discussions with seniors in four cities around the country, the report captures seniors’ experiences and frustrations in making decisions about their Medicare plan options.
Seniors cite many factors as influencing their initial choice of a Part D or Medicare Advantage plan, including premiums, benefits, out-of-pocket costs, brand recognition (i.e., AARP) and adequate coverage for their health care needs, including coverage for their specific medications and, for Medicare Advantage plans, access to desired physicians and hospitals.
Medicare Plans – How Seniors Choose!
However, many seniors say the initial process of comparing and choosing a medicare plan was not easy due to the large volume of information they receive and their inability to compare plan features to determine which option is best for them. Few used the government’s online comparison tool, and those that did cite several shortcomings. Many relied on advice from sources they trust, including insurance agents, plan representatives, friends, family members, medical professionals and pharmacists.
Why don’t seniors change Medicare Plans?
After they enroll in a medicare plan, many seniors are reluctant to revisit their initial decision and switch plans, even when premiums go up, because of frustration and confusion during their initial selection process and because of fears about disrupting their care or increasing out-of-pocket costs. They lack confidence in their ability to choose a plan that would be appreciatively better for them.
“How are Seniors Choosing and Changing Health Insurance Plans?” was based on focus-group discussions with seniors in Baltimore, Md.; Seattle, Wash.; Memphis, Tenn.; and Tampa, Fla.; and is authored by researchers at the Kaiser Family Foundation and PerryUndem Research and Communication.
The report’s findings were discussed as part of a policy briefing in Washington, D.C.
Source: The Henry J. Kaiser Family Foundation. Filling the need for trusted information on national health issues, the Kaiser Family Foundation is a nonprofit organization based in Menlo Park, California.
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