University of Kansas Study Shows e-Brokers Like SelectQuote Extend Rural Residents’ Access to Medicare Advantage Plans
Research finds e-brokers bring access to low-income seniors across a 10-state region; approximately 400,000 residents live in communities without a single licensed Medicare insurance agent
E-brokers greatly expand opportunities for rural residents to obtain health insurance through Medicare Advantage plans, according to a new study conducted by researchers at the
The KU research analyzed data across 10 rural states and found that there are approximately 400,000 residents living in counties without a local, licensed Medicare insurance broker in their community. This creates a substantial access hurdle for seniors who are often in the greatest need of specialized healthcare and financial support. This data demonstrates that e-brokers like
In each county of the 10 states examined in the KU study, researchers analyzed how many traditional brokers serve the county, how many Medicare Advantage plans are offered in the county, how many Medicare Advantage plans
The study found a strong overlap between rurality and lack of local broker access. In other words, counties with the highest percent of rural residents are often the same counties with less access to licensed local brokers.
“The core finding of this study is that broker coverage is often thin in rural and financially vulnerable communities,” said
“Additionally, we are able to serve beneficiaries in remote locations just as effectively as those we serve in major cities,”
SelectQuote’s Reach
Additional data from the study also supported the finding that e-brokers like
- Rural Reach: In SelectQuote’s case, the research indicates that SelectQuote’s active membership base nationally skews about 45% more rural than the national distribution of Medicare Advantage beneficiaries.
- Income Disparity: The study spotlights that lower-income counties generally have fewer local brokers per 10,000 residents than higher-income counties. SelectQuote’s customer base, for example, over-indexes in counties with lower median household incomes.
-
Plan Choice: The findings also noted that
SelectQuote generally offers a broader range of plans than local brokers in counties with lower median incomes.
The full
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