No Itch to Switch: Few Medicare Beneficiaries Switch Plans During the Open Enrollment Period

(By Wyatt Koma, Juliette Cubanski, Gretchen Jacobson, Anthony Damico, and Tricia Neuman for The Kaiser Family Foundation, published December 2, 2019)

Each year, Medicare beneficiaries in private Medicare Advantage plans and Part D stand-alone prescription drug plans (PDPs) have the opportunity to change plans during the annual open enrollment period (October 15 to December 7). Medicare’s private plans vary significantly from each other and can change from one year to the next, which can have a significant impact on enrollees’ coverage and costs. The Centers for Medicaid & Medicare Services (CMS) encourages beneficiaries to shop for Medicare Advantage and prescription drug plans to potentially save money on prescriptions or get new benefits.  Continue reading article here…

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