COLUMN: Getting extra insurance at no cost is possible – but may not be best
Medicare beneficiaries’ enrollment in Medicare Advantage insurance has grown exponentially, more than doubling since 2010. This year some 54% of beneficiaries are enrolled.
KFF (formerly Kaiser Family Foundation) counts 10 reasons for this growth, among them that some plans charge no monthly premium, many offer extra benefits, all put a cap on annual medical expenses, companies market the plans aggressively, and these plans offer a richer commission structure for insurance brokers.
Such plans are forecast…
