Is MediGap efficiently priced?

In 2004, 29% of Medicare enrollees had Medigap coverage.  Are these policies priced efficiently? An NBER paper by Maestas, Schroeder and Goldman (2009) argues that the answer is no.   Prior to July 1992, Medigap was minimally regulated.  With the passage of the Omnibus Budget Reconciliation Act of 1990 (implemented in July 1992), Medigap plans…

Picking a Medicare Plan

Which Medicare plan should you choose? Health journalist Charles Ornstein of the L.A. Times was making just this choice for his mother in “Puzzling out plan option for Medicare.” Even for a veteran health journalist, the choice is not as easy as it seems. Below, I will give some background information which will help people…