CMS' easier-to-use Plan Finder and helpful price comparison tools could be a boon for insurtechs in the Medicare Advantage space:
, like Clover and Devoted, looking to carve out a place for themselves in the highly competitive health insurance space. And we think the CMS' new Plan Finder tool could give them a boost when it comes to attracting potential customers thanks to the increased visibility.
Both Clover and Devoted also offer mail-order pharmacy services, which they say can help keep drug costs low for members. If this is true, they could see an additional uptick in enrollment thanks to the Plan Finder's new prescription drug price comparison tool.
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