Very few beneficiaries with Medicare Advantage or Medicare Part D stand-alone coverage voluntarily switch plans during open enrollment, according to a report from the Kaiser Family Foundation.
The analysis found a “substantial majority” of enrollees in MA plans did not voluntarily switch during enrollment from 2007 to 2016. The number of people changing plans knowingly ranged from 6% to 11% over that time period.
KFF also said more than one in three Medicare beneficiaries reported difficulty comparing plan options — especially those with poor self-reported health or multiple chronic conditions. Nearly half of those on Medicare said they rarely or never review their choices.
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