This study aims to measure how many Medicare beneficiaries remain with the same insurer after switching to Medicare Advantage from stand-alone drug plans.
Cross-sectional design
Quantified retention rates of beneficiaries
Analyzed transitions from stand-alone drug plans to Medicare Advantage plans
Findings indicate a notable percentage of beneficiaries retained their original insurer despite switching plans.
Specific retention rates were observed, emphasizing the relationship between insurer loyalty and plan switching.
Abstract
This cross-sectional study quantifies the extent to which Medicare beneficiaries who switched from stand-alone prescription drug plans to Medicare Advantage plans stayed with the same insurer.