Connecture Analysis: Shopping Up, Enrollment Channels Shift for Medicare Part D as More Consumers Rely on Brokers

Data suggests that price increases have more people comparing plans, but consumers focused only on premiums can experience significant sticker shock
BROOKFIELD, Wis., Dec. 06, 2016 (GLOBE NEWSWIRE) — Data collected from Connecture, Inc. (NASDAQ:CNXR) indicates that shopping for Medicare Part D plans is up by 17 percent from last year’s Annual Election Period (AEP), and the share of all enrollments through multi-carrier brokers is up by 8.4 percent, from 29.8 percent to 38.2 percent. The AEP deadline for enrolling in Medicare Advantage and Medicare prescription drug coverage for the 2017 Plan Year ends December 7.

Connecture’s analysis suggests that while shopping is up, more consumers …