CMS earlier this year updated the Medicare Plan Finder tool for the first time in a decade, but users are reporting various technical glitches with the revamped tool, which they say are causing inaccurate cost estimates.
Slide decks: Health insurance 101
Medicare’s open enrollment period for the 2020 cover year launched Oct. 15 and is scheduled to close Dec. 7. A recent Kaiser Family Foundation analysis found beneficiaries on average have 28 Medicare Advantage (MA) plans and 28 Medicare Part D plans from which to choose for the 2020 coverage year.
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Background: CMS launches revamped Medicare Plan Finder
CMS in August launched a redesigned Medicare Plan Finder, marking the tool’s first update in a decade, the agency said. CMS said the redesigned Medicare Plan Finder would make it easier for beneficiaries to:
- Compare the prices of traditional Medicare, MA, Part D, and Medicare Supplement Insurance (Medigap) plans;
- Compare three drug plans or three MA plans side-by-side;
- Determine whether a generic version of a certain prescription drug is covered under a plan;
- Develop and modify personal prescription drug lists;
- Find plan costs and benefits; and
- Use their mobile devices, including their smartphones and tablets, to compare coverage options.
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