[rsmurano]

I have never been a fan of advantage plans and the future makes them even more bleak. Not only hospitals not accepting Advantage plan clients, insurance companies are folding their advantage plans starting next year. If you currently have an advantage plan or are going to turn 65 in the near future, look at this video, some people might be without insurance or having an insurance plan that doesn't look like the current plan you have.

https://youtu.be/8Pq6H7UZBbU?si=0swL3qWatf2Pf6rV

[tophcfa]

Originally Posted by rsmurano

I have never been a fan of advantage plans and the future makes them even more bleak. Not only hospitals not accepting Advantage plan clients, insurance companies are folding their advantage plans starting next year. If you currently have an advantage plan or are going to turn 65 in the near future, look at this video, some people might be without insurance or having an insurance plan that doesn't look like the current plan you have.

https://youtu.be/8Pq6H7UZBbU?si=0swL3qWatf2Pf6rV

Interesting, but not surprising. At least there’s some good news for those folks who have their current Advantage plan discounted, it will give them guaranteed issue rights to switch to a supplemental plan without medical underwriting.

[Aces4]

Originally Posted by rsmurano

I have never been a fan of advantage plans and the future makes them even more bleak. Not only hospitals not accepting Advantage plan clients, insurance companies are folding their advantage plans starting next year. If you currently have an advantage plan or are going to turn 65 in the near future, look at this video, some people might be without insurance or having an insurance plan that doesn't look like the current plan you have.

https://youtu.be/8Pq6H7UZBbU?si=0swL3qWatf2Pf6rV

And to top it off, traditional Medicare is beginning to "test" dropping some coverages on certain procedures in certain states. You have to "qualify" or be approved for the procedures. Tip of the iceberg I'm sure and when you think about all the free medical care that has been handed out and senior citizens need to worry about coverage. What a rat's nest!

[Debfrommaine]

Originally Posted by tophcfa

Interesting, but not surprising. At least there’s some good news for those folks who have their current Advantage plan discounted, it will give them guaranteed issue rights to switch to a supplemental plan without medical underwriting.

Do you know if this includes supplemental Plan N by chance?

[Kelevision]

Originally Posted by rsmurano

I have never been a fan of advantage plans and the future makes them even more bleak. Not only hospitals not accepting Advantage plan clients, insurance companies are folding their advantage plans starting next year. If you currently have an advantage plan or are going to turn 65 in the near future, look at this video, some people might be without insurance or having an insurance plan that doesn't look like the current plan you have.

https://youtu.be/8Pq6H7UZBbU?si=0swL3qWatf2Pf6rV

5.1 rate increase vs 2.2 rate increase. Unfortunately, more people wanted the 5.1 increase. Enjoy it!

[rsmurano]

Originally Posted by Debfrommaine

Do you know if this includes supplemental Plan N by chance?

No supplemental plans are affected, only advantage plans. He referenced plan N as an alternative to plan G which is the GOLD standard supplemental plan, according to my broker. You can’t get plan F any longer, and plan N has different coverages. You can’t get different coverages with a plan G also.

[tophcfa]

Originally Posted by Debfrommaine

Do you know if this includes supplemental Plan N by chance?

According to the video, guaranteed issue rights might not apply to Plan N in some states, but Plan G would be available (or Plan F if you became eligible for Medicare before 1/1/2020).

[biker1]

I believe she was asking whether there will be guaranteed issue rights to a Medicare Supplemental Plan N if her Medicare Advantage plan is cancelled. This is addressed in the video (which I also found the other day) and the answer appears to be "no" or perhaps "it depends". Regarding Plan F, you can still get Plan F if you became eligible for Medicare before Jan 1, 2020. If you are on Medicare with a different lettered Supplemental plan, or are on a Medicare Advantage plan, then a switch to Plan F could require underwriting. Some insurance companies, such as AARP/UHC, allow changes among the lettered Supplemental plans without underwriting (again, with Plan F you would need to have been eligible for Medicare before Jan 1, 2020). Regardless, Plan F might be a bad deal because the difference between Plan F and Plan G is the $257 Part B deductible (included with Plan F) but the premium difference might be greater than the Part B deductible. The plans are otherwise identical. Plan N might be the most cost effective if you don't have many Dr visits each year, that might have a copay. The difference between Plan G and Plan N is the possibility of copays and excess charges (pretty rare). Otherwise, they are identical regarding coverage but Plan N will have a lower cost.

Originally Posted by rsmurano

No supplemental plans are affected, only advantage plans. He referenced plan N as an alternative to plan G which is the GOLD standard supplemental plan, according to my broker. You can’t get plan F any longer, and plan N has different coverages. You can’t get different coverages with a plan G also.

[kingofbeer]

Originally Posted by rsmurano

I have never been a fan of advantage plans and the future makes them even more bleak. Not only hospitals not accepting Advantage plan clients, insurance companies are folding their advantage plans starting next year. If you currently have an advantage plan or are going to turn 65 in the near future, look at this video, some people might be without insurance or having an insurance plan that doesn't look like the current plan you have.

https://youtu.be/8Pq6H7UZBbU?si=0swL3qWatf2Pf6rV

Why are you trying to scare us?

[Mrprez]

Originally Posted by kingofbeer

Why are you trying to scare us?

Wait until they see the rate increases on supplement plans. If they wanted to, they could watch the video on the 20 costs of these plans.