Molina Matters

MAY 3, 2023

New & Exciting

Moving the Needle:

Working with Beneficiaries

to Reassess their

Medicare Plan

In July 2022, Sage Growth Partners released a market report entitled “Hidden Crisis: The Medicare Enrollment Maze."* They had conducted a survey which revealed the confusion experienced by Medicare beneficiaries when navigating the annual enrollment process. More than 1,110 Americans ages 64 and older were surveyed. To recap:

80% incorrectly identified the components of Original Medicare
69% were unable to correctly define a Medicare Advantage plan
63% felt overwhelmed by Medicare advertising
58% don't even consider making a change to their existing plan

Just a reminder that you do have opportunities to help beneficiaries better understand their plans and reassess their choices. Keep in mind how the following is useful in improving both beneficiary education and well-being.

83%

say they want to be sure their prescription drugs are covered

74%

say they want to be sure their pharmacy is in network

81%

say they want to be sure their doctors are in network

65%

say they want lower premiums

*SOURCE: retrieved 5.01.2023 from https://sage-growth.com/index.php/2022/07/medicare-market-report/

In Case You Missed It

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PHE.gov/Emergency/News

FEMA Disaster Declarations

Guidelines for CVS Events

Molina Matters for Brokers 4/26/2023

Update on Disaster SEPs

New Marketing Flyer Available

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broker@molinahealthcare.com

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