Aetna report shows that consumers are confused about insurance terms

Aetna Inc. has released the results of a new consumer survey as open enrollment for employer-offered insurance plans comes to a close. The results of the survey show that more than half of insured adults in the U.S. find the terms of their insurance policies confusing. This presents a major problem for both insurers and consumers as these adults general tend to accept any terms they are given as they believe that any insurance coverage, even if it is not appropriate to their needs, is better than no coverage at…

Read More

Medicare open enrollment deadline approaching fast – things you should know!

Medicare open enrollment deadline approaching fast – things you should know!

Many seniors are being forced to change this year due to about 13% of Medicare Advantage plans are being phased out. Studies show that year after year, 80% of enrollees have not changed, even when unhappy, but this year 3.5 million people do not have a choice. Change can be unsettling but there are many avenues of information that can help, here are a few: 1. Ask your doctor’s office if they’re equipped with staff educated in the recent changes. They have your medical history and some have put in place…

Read More