A Knowledge Gap Exists
According to a recent GoHealth study, many older Americans lack knowledge and awareness of the full menu of Medicare options available to them.
As the saying goes, if you haven’t got your health, you haven’t got anything at all. Part A and Part B are significant health resources for many seniors, but Original Medicare alone doesn’t cover all healthcare costs. Outside of adding a Part D prescription drug plan and a Medicare Supplement plan to Original Medicare, a growing number of seniors are instead enrolling in Medicare Advantage (Part C).
However, this new GoHealth study of 1,000 Medicare Advantage beneficiaries and 1,000 Original Medicare beneficiaries shows an alarming difference in their knowledge of Medicare options. Of the 2,000 respondents polled, Original Medicare beneficiaries were less knowledgeable than Medicare Advantage beneficiaries in several areas.
