It’s open enrollment time until December 7, a time of year when seniors can swap out Medicare Advantage plans. However, according to the New York Times, many seniors are overwhelmed by the number of choices and do nothing. According to the Kaiser Family Foundation, seniors will be able to choose from 57 different prescription or Advantage plans that include drug coverage. A new survey found that 57% of seniors didn’t review or compare their coverage, with 46% saying they never or rarely visited their plans. Two thirds of beneficiaries 85 or older don’t review their coverage annually.
https://www.nytimes.com/2020/11/13/business/medicare-advantage-retirement.html
