A recent KFF study reveals a concerning trend: Nearly 7 in 10 Medicare beneficiaries didn’t compare plans during the 2021 open enrollment period for 2022 coverage. With the average Medicare beneficiary facing a choice of 43 Medicare Advantage (MA) plans and 21 standalone Part D prescription drug plans, there’s a plethora of options to consider. But a lack of guidance and understanding contributes to missed opportunities for beneficiaries to optimize their coverage.
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