Warning on Medicare Insurance: some private insurers are merging or closing down some MA plans. This is in direct reaction to the Centers for Medicare and Medicaid Services. Those affected are supposed to receive notice of such action towards the end of October.
Please be aware: in 2011, the open enrollment period changes. Next year’s open enrollment period for Medicare Plans will probably be halved. Instead of the usual with three months, your window is from January 1 to February 15. Additionally, you won’t be able to makes use of the open enrollment period to search from traditional Medicare coverage to a Medicare advantage plan or from Advantage plan to another. A common option you'll have will be to move from a plus prefer to traditional Medicare coverage.
How about Medicare Supplement Premiums, Medicare advantage premiums and Part D premiums? On September 21, the government government’s Centers for Medicare and Medicaid Services issued an announcement stating that, normally, MA plan premiums could well be 1% lower for 2011. Part D premiums are hoped for to be able to basically flat the coming year; the middle thinks they will rise by $1 to $30.
No comments:
Post a Comment