Premiums, out-of-pocket costs top priorities for Medicare beneficiaries

Medicare beneficiaries listed premiums and out-of-pocket medical expenses as their top two considerations when choosing a health plan, according to a survey from eHealth, an enrollment website.

The survey, conducted in January and February, included 2,021 responses from Medicare enrollees who purchased private Medicare plans on eHealth websites.

When it comes to choosing a Medicare plan, 33 percent of respondents said the No. 1 thing they considered was the affordability of their monthly premium. Thirty-one percent said out-of-pocket costs were their most important consideration, while 20 percent listed provider network. Twelve percent said prescription drug coverage.

Additionally, 40 percent of respondents said if it saved them money, they would receive medical care at a pharmacy or another nontraditional setting. At the same time, 27 percent of respondents said they were unwilling to do so to save money, while 33 percent said they were unsure.

For the full survey results, click here.

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