Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Medicare Beneficiaries' Dilemma: Choosing from Maze of Options this Enrollment Season

The annual Medicare open enrollment period brings with it a wide range of insurance options. Ensurem's Dave Rich points out the major choices, including the important Medigap vs. Medicare Advantage decision.


News provided by

Ensurem

Oct 18, 2021, 09:30 ET

Share this article

Share toX

Share this article

Share toX

As of 2021, more than 26 million Americans, or about 42% of all Medicare beneficiaries, are enrolled in Medicare Advantage plans.
As of 2021, more than 26 million Americans, or about 42% of all Medicare beneficiaries, are enrolled in Medicare Advantage plans.

LARGO, Fla., Oct. 18, 2021 /PRNewswire-PRWeb/ -- The annual Medicare Open Enrollment period arrived October 15 and will run through December 7. During this time, Medicare plan enrollees can re-evaluate their coverage and make changes in existing policies or purchase new ones.(1) "As always," notes Dave Rich, CEO of Ensurem, a Florida-based insurance technology and product distribution firm, "seniors are faced with a wide range of options—including, for many, a crucial choice between Medicare supplement coverage, or Medigap, and Medicare Advantage plans."

Original Medicare Parts A & B, the traditional government-supplied health coverage, has no maximum limit on out-of-pocket expenses, and exposes patients to a number of other potentially serious costs. Medicare supplement insurance, or Medigap, explains Rich, is designed to provide coverage for some or all of these costs to Original Medicare beneficiaries. Medigap policies, which are sold by private insurance companies, are standardized on a state-by-state basis in terms of the costs they cover.(2) During a beneficiary's initial Medicare enrollment period—a six-month window around the month of the beneficiary's 65th birthday—new Medicare enrollees are free to purchase any Medigap policy sold in their state. After that time, Medigap policies are subject to medical underwriting, and applicants with health problems may be denied coverage.(3)

As always, seniors are faced with a wide range of options—including, for many, a crucial choice between Medicare supplement coverage, or Medigap, and Medicare Advantage plans.

Post this

Medicare Advantage plans, on the other hand, offer an alternative to Original Medicare, not a supplement to it, says Rich. (For this reason, he notes, it is not permissible for an insurer or a broker to sell both types of policy to the same person.) Any Medicare beneficiary who has Medicare Part A and Part B coverage (doctor's office visits and hospitalization, respectively) or is becoming eligible for them, can join any Medicare Advantage plan available in their county. In addition to Part A and Part B coverage, says Rich, many of these plans also offer additional coverage for dental, vision and hearing services, prescription drugs and health and wellness programs.4)

These plans are increasingly popular: as of 2021, more than 26 million Americans, or about 42% of all Medicare beneficiaries, are enrolled in Medicare Advantage plans.(4) Different plans, Rich notes, are offered in different service areas, organized by state, across the country; they vary in terms of practitioner network requirements, coverage, premiums, deductibles, and other details. For 2021 there were a total of 3,550 Medicare Advantage plans available across the nation's service areas, giving the average enrollee 33 plans from which to choose.(4)

Most Medicare plans, notes Rich, require a certain level of financial outlay on the part of the beneficiary. While Medicare Advantage premiums can start as low as zero dollars per month (with some even offering money back on Part B premiums), there are still other out-of-pocket costs to be taken into consideration. It is entirely possible, he says, that some seniors will require financial help to help pay those costs. Sources of assistance include Medicaid, a joint federal/state program, state-level Medicare Savings Programs, and a Medicare/Medicaid program called PACE (Program of All-Inclusive Care for the Elderly).(5)

What will happen during the upcoming open enrollment period, says Rich, is that the vast bulk of Medicare beneficiaries will choose their health coverage for the coming year, either by changing what they have now or opting to leave it the same. To make the best choice, Rich says, seniors require accurate information about the plans and programs available to them. They also require a certain amount of help in assessing their needs and making certain that their most important requirements are covered.

"Do your research," he advises seniors. "Know what you need. Ask questions. Above all, insist on transparency. This is a complicated subject, but there are experts who know how to explain it and explain it well. Make sure you find them and talk to them."

About Ensurem:
Ensurem, headquartered in Largo, FL, is a leading technology and product distribution company serving carriers and consumers within the massive U.S. senior market. The company offers Medicare Advantage, Medicare Supplement, vision, dental, hospital indemnity and final expense insurance. It also provides end-to-end solutions for carriers, including product development, digital marketing and consumer-centric insurance technologies. For more information, please visit ensurem.com.

1.    Norris, Louise. "Medicare Open Enrollment 2022 Guide." Medicareresources.org, 28 Sept. 2021, medicareresources.org/medicare-open-enrollment.
2.    "How to Compare Medigap Policies." Medicare, medicare.gov/supplements-other-insurance/how-to-compare-medigap-policies.
3.    "When Can I Buy Medigap?" Medicare, medicare.gov/supplements-other-insurance/when-can-i-buy-medigap.
4.    "Medicare Advantage (Part C) Private Health Plans." Medicareresources.org, 8 Oct. 2021, medicareresources.org/medicare-benefits/medicare-advantage/.
5.    "Get Help Paying Costs." Medicare, medicare.gov/your-medicare-costs/get-help-paying-costs.

Media Contact

Karla Jo Helms, JOTO PR Disruptors(TM), 727-777-4621, [email protected]

Twitter

SOURCE Ensurem

Related Links

http://www.ensurem.com

Modal title

Dave Rich
Dave Rich
Dave Rich

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.