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.
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.
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.