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Medicare Advantage Plan Cancellations Could Limit Your Options This Fall

Original: You May Get Two Envelopes From Your Insurer This Fall. One Says Your Plan Changed. One Says It's Gone. Only the Second One Comes With a Medigap Right

Millions of Medicare Advantage and Part D plan holders could receive two letters from insurers this fall: one announcing plan changes for the coming year, and another confirming their plan is being discontinued. Policy experts note that only enrollees whose plans are cancelled get a guaranteed issue right to buy a Medigap supplemental policy without medical underwriting, making the second letter far more consequential than it looks.

Why now: Fall is Medicare open enrollment season, when insurers send annual notices and people face plan changes and cancellations.

MedicareMedigapMedicare Advantage

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