Medicare Advantage Insurers Are Dropping Plans and Slashing Benefits

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Medicare Advantage Insurers Are Dropping Plans and Slashing Benefits
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Having spent decades luring enrollees and collecting premiums, two of the biggest health insurers in the Medicare Advantage marketplace are scaling back, slashing benefits and canceling plans with too many members who used their health benefits.October 15 marked the first day of open enrollment in Medicare Advantage plans — a time that will deliver chaos and confusion for many of the 34 million seniors who depend on these plans to pay their healthcare bills.

In most regions, the companies assure that there will still be Medicare Advantage plans available from other companies, or the same company. But what is to say MA plans do not use profit as their north star once again next year?Join us in defending the truth before it’s too lateEvery dollar raised goes directly toward the costs of producing news you can trust.

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