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• W2885136369 abstract "Helping older adults make good plan choices is a persistent challenge of the Medicare prescription drug (Part D) program. The Centers for Medicare and Medicaid Services (CMS) provides an internet-based decision support tool (Plan Finder), but this appears to have had limited effect in part because the tool is complex and difficult to interpret. This study used a randomized experiment with hypothetical Part D plan choices to test the effect of simplifying the default amount of financial information provided on Plan Finder on people's ability to select low-cost plans. Reducing the amount of financial information displayed results in the selection of lower-cost plans, with no accompanying decrease in average plan quality or pharmacy network size but an increase in the take-up of convenience options such as a mail-order pharmacy. These modifications to the current Plan Finder design have the potential to improve the tool's usability and beneficiaries' plan choices in the Part D market." @default.
• W2885136369 created "2018-08-22" @default.
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• W2885136369 date "2018-08-01" @default.
• W2885136369 modified "2023-09-26" @default.
• W2885136369 title "Simplifying The Medicare Plan Finder Tool Could Help Older Adults Choose Lower-Cost Part D Plans" @default.
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• W2885136369 doi "https://doi.org/10.1377/hlthaff.2018.0145" @default.
• W2885136369 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/6417418" @default.
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