Thousands of Medicare Advantage plan members in California are receiving letters that their health plans are closing from carriers such as Anthem Blue Cross and Health Net. Some of the health insurance companies will be leaving some counties completely while others will be offering new Medicare Advantage (MA) plans to their members. Regardless of the reasons, the plan closure triggers a Special Enrollment Period for Medicare beneficiaries to select a new plan offered in their county.
Anthem Blue Cross announced that it will issue rebates to members enrolled in their Medicare Supplement plans in five different states. The rebates are a result of the Medicare supplement or Medigap plans failing to meet the medical loss ratios (MLR). Rebate checks being sent out in September will range from $3.51 to $487.08 per member.
Medicare Supplement rate comparison for Sacramento and southern Placer counties, @ age 65 and/or Part B enrollment, guarantee issue.
Refunds for Anthem Blue Cross members in certain plans in five states (California, Colorado, Maine, Ohio and Wisconsin) will begin August 13, 2012.
Because all Medicare Supplement Plans benefits are regulated by Federal and state laws, all plans in your specific area must include the same benefits.
Theoretically you could have multiple hospital admissions during the year for similar or unrelated medical conditions and continue to incur a deductible, coinsurance and copayments each time under Original Medicare benefit period definitions.