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dalton99a

(94,270 posts) Mon Sep 23, 2024, 03:51 PM Sep 2024

More Than 500,000 Americans Set to Lose Their Medicare Advantage Plans [View all]

https://www.newsweek.com/more-500000-americans-set-lose-their-medicare-advantage-plans-1952164

More Than 500,000 Americans Set to Lose Their Medicare Advantage Plans
Published Sep 11, 2024 at 1:02 PM EDT
Updated Sep 13, 2024 at 2:05 PM EDT

More than 500,000 Americans are scheduled to lose their Medicare Advantage plans now that major insurer Humana is leaving 13 markets across the country.

The company's Chief Financial Officer Susan Diamond made the announcement during a Wells Fargo Healthcare Conference this month, saying roughly 560,000 members would need to find a new plan.

That impacts roughly 10 percent of its Medicare Advantage participants.

The specific markets Humana is exiting from are those that are not likely to be profitable, Diamond said during the conference.

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48 replies

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More Than 500,000 Americans Set to Lose Their Medicare Advantage Plans [View all] dalton99a Sep 2024 OP

Does that mean that MA subscribers can return to traditional Medicare? no_hypocrisy Sep 2024 #1

I sure hope they can. Another reason to choose original Medicare. You won't be cancelled. Lonestarblue Sep 2024 #2

Agreed 👍 anciano Sep 2024 #6

I've gone traditional nt XanaDUer2 Sep 2024 #24

Original Medicare Jmb 4 Harris-Walz Sep 2024 #32

I can see the conflict because of your positive experience with HealthPartners. Lonestarblue Sep 2024 #43

Thanks much for your perspective. I'm leaning more toward Original Medicare in the hopes that Harris/Walz win and Jmb 4 Harris-Walz Sep 2024 #48

They can get another Avantage plan Abnredleg Sep 2024 #3

Great! I'll get my 94 year old mother on the web, or phone to pick a new plan right away maxrandb Sep 2024 #9

I do not think a Supplement Plan can make them go through underwriting Desert grandma Sep 2024 #12

We're talking Advantage plans, not supplements Abnredleg Sep 2024 #16

Ok...what about if an Advantage Plan leaves the state? Jmb 4 Harris-Walz Sep 2024 #33

I think Rebl2 Sep 2024 #17

Yes. Desert grandma Sep 2024 #10

I have a Plan F Medigap through AARP. That is no longer available to new people. It covers deductible also. Wonder Why Sep 2024 #14

I have that plan also and wouldn't dream of changing. brer cat Sep 2024 #21

Mom has that. Wasn't an option for me Maeve Sep 2024 #26

I have exactly what you have and I wouldn't have it any other way. llmart Sep 2024 #19

That's exactly what happened to someone I know several years ago Raven123 Sep 2024 #27

They can return to the basic traditional medicare and to any part D (the drug) part karynnj Sep 2024 #20

Yes if your plan is no longer offered. Joinfortmill Sep 2024 #28

Depends on where you live. AZ8theist Sep 2024 #31

That was my experience in Colorado. I decided to change from United Health Advantage likesmountains 52 Sep 2024 #39

Exactly AZ8theist Sep 2024 #40

I can't return to traditional Medicare--I never had it because I could never afford it. elocs Sep 2024 #37

You still have to pay the Part B deductible of $240..... AZ8theist Sep 2024 #41

Nope. Because I am on Medicaid my MA plan has dual care coverage with Medicare the first payer, then Medicaid elocs Sep 2024 #46

Yes, I did not account for those on Medicaid... AZ8theist Sep 2024 #47

it costs the taxpayers PLENTY Skittles Sep 2024 #44

Ma only wants patients they know they can make money off of questionseverything Sep 2024 #4

+1. This is what happens when Medicare is privatized and becomes profit-driven. dalton99a Sep 2024 #11

While we definitely need to control the price of medicare questionseverything Sep 2024 #15

This is what happens when anything is privatized. OldBaldy1701E Sep 2024 #45

Those tempted to sign up snowybirdie Sep 2024 #5

Not true. If you go back to regular Medicare, there are no insurance companies involved. However, if you Wonder Why Sep 2024 #13

Getting that 20% covered is easiest when you're first signing up questionseverything Sep 2024 #18

Right. And cheapest. Wonder Why Sep 2024 #22

Wealthcare doesn't work. America ranks worst in the world for health care--despite spending trillions CousinIT Sep 2024 #7

Best care process: New Zealand ...... groundloop Sep 2024 #34

Those considering Advantage Plans snowybirdie Sep 2024 #8

Advantage plans ARE NOT MEDICARE!! AZ8theist Sep 2024 #42

Fortunately, there is guaranteed issue for MediGap if the MA plan leaves your are. Silent Type Sep 2024 #23

This message was self-deleted by its author ailsagirl Sep 2024 #25

scammers not making enough PROFIT from your HEALTHCARE Skittles Sep 2024 #29

They can't profit from old sick people so of course it's time to throw them away. onecaliberal Sep 2024 #30

Well, I'm old but not sick although I did have a cold 16 years ago. elocs Sep 2024 #38

While the ACA was a huge improvement, we desperately need much better..... groundloop Sep 2024 #35

Our union negotiates for Medicare Advantage every two years. We had Humana they always doc03 Sep 2024 #36