With Medicare Changes for 2012, Survey finds many Medicare beneficiaries may miss a chance to save money on health care costs

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Chandler, AZ - Nov. 14, 2011 Medicare beneficiaries know that Medicare open enrollment is ending earlier this year but many are not planning on shopping for a new Medicare insurance plan. With Medicare Changes for 2012, that's a mistake since comparing plans can save money on health care costs, warns Longevity Alliance.

More than 9 in 10 (92%) of Medicare beneficiaries said they know that open enrollment ends Dec. 7. But just 12% say they plan on taking or have already taken advantage of the opportunity to change plans according to a national survey of U.S. adults age 65+ who were identified as Medicare beneficiaries. The study was commissioned by Longevity Alliance and conducted online by Harris Interactive in November 2011 among 310 U.S. adults age 65+ of which 302 are currently enrolled in Medicare.

“ It is great news that so many people know that Medicare open enrollment ends Dec. 7. However, many Medicare beneficiaries may be missing an important opportunity to review their plan to make sure it is the right plan for their health care needs now," said Joseph Volpe, President and CEO of Longevity Alliance.

“ By comparing and switching to a different Medicare plan, some of our customers find they can save hundreds of dollars a year in health care and prescription drug costs. Others confirm that after reviewing their options with a Longevity Alliance health plan advisor they feel confident that they have the right plan for 2012.

Click here to view the press release

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