Medicare Part D beneficiaries' self-reported barriers to switching plans and making plan comparisons at all.

ABSTRACT: In the United States, individuals with disabilities and those aged ≥65 can supplement their Medicare with so-called stand-alone Medicare Part D prescription drug plans. Beneficiaries can switch their stand-alone prescription drug plans annually, but most do not. Indirect evidence has raised concerns that non-switchers do not even make plan comparisons (labeled "inattention"), but direct evidence is scarce. Therefore, we surveyed 439 beneficiaries of Medicare Part D plans from a nationally representative adult sample after the 2024 open-enrollment period. Overall, 53% self-reported making no comparisons. Of those who did not compare, 98% did not switch (vs 67% of those who did compare). Multinomial regressions revealed that beneficiaries who neither compared nor switched were more likely th

SUBMITTER: Bruine de Bruin W 

PROVIDER: S-EPMC11574620 | biostudies-literature | 2024 Nov

REPOSITORIES: biostudies-literature