Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
Aetna said they are no longer marketing PFFS through their broker channel, not that they no longer offer it. My guess is that it's history, but they have not said that.
Health Net said bye bye after this year, as has Coventry. I thought Anthem dropped the plan before this year but I might be wrong.
Wellcare is a pile of crap company. They have dropped their PFFS plan and I hope they wind up being bought out and have their upper and middle management team collecting welfare (and I'm holding back).
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Rick
------------------------------------ ILIAA
Training, Community, Support, and Success Independent Life Insurance Agents Assn rick@iliaa.org
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
I think the current trends in MA's and PFFS's in particular is unfortunate. True, they could be a bane if you were trying to sell in regular Med Supp, but there was a portion of the population that was ideally served by these plans. However, in recent years congress has made it increasingly obvious that they didn't like the plans (it has been estimate that they cost the government 17% more than regular Medicare plans) and they have now made it unprofitable enough that the big players are all getting out of the business.
Do you suppose this is just a way to push us towards nationalized health care?
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
Originally Posted by fibonacci112
Do you suppose this is just a way to push us towards nationalized health care?
Huh? Medicare is ALREADY nationalized health care.
While I don't sell MAPD, I like them for those who can't get a Med Supp due to cost or UW.
My hope is that IF the government dumps MA that they will creat a SEP (say six month) for those on MA to buy GI Supps. That would be a good market, at least in my area. YMMV.
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
Originally Posted by Trent
So far Anthem Blue Cross is gone... will be leaving in 2010
Wellcare / Anthem / Unicare have stopped selling since January 2009 by order of CMS. They are still holding out as far as exiting the 2010 PFFS market. I've seen nothing to indicate they are walking away, yet!
My source from Aetna said that they let the news come out ill prepared and now are trying to tone it down. So they will say BS like "Aetna has filed with CMS 2010 PFFS plans". Yet, they are out and there will be "NO" in house sales of 2010 PFFS plans. They have removed the online app & materials from their consumer website. Aetna's PFFS plans are toast.
Still the lions share of PFFS (>90% in many counties) is Wellcare, United Healthcare, and or Humana. None of these major players have said they are out.
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
Originally Posted by MedSuppPro
Wellcare / Anthem / Unicare have stopped selling since January 2009 by order of CMS. They are still holding out as far as exiting the 2010 PFFS market. I've seen nothing to indicate they are walking away, yet!
My source from Aetna said that they let the news come out ill prepared and now are trying to tone it down. So they will say BS like "Aetna has filed with CMS 2010 PFFS plans". Yet, they are out and there will be "NO" in house sales of 2010 PFFS plans. They have removed the online app & materials from their consumer website. Aetna's PFFS plans are toast.
Still the lions share of PFFS (>90% in many counties) is Wellcare, United Healthcare, and or Humana. None of these major players have said they are out.
Wellcare has notified all the agents, and I am one, that they are not going to offer PFFS for 2010. They say they are staying the HMO/PPO and PDP market, but, not the PFFS. They did not file a plan for PFFS for 2010 with CMS.
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
This thread talks about who is out but doesn't mention who is still in. One of the bigger carriers still in the MA PFFS space is CIGNA. In fact, they've already shared their 2010 plan filing with producers and appear to be aggressively pursuing the PFFS business.
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
Al,
When a carrier no longer offers a plan, it does create a SEP for Med Supps. While not 6 months, they do have a guarantee issue period for Med Supps.
Originally Posted by al3
Huh? Medicare is ALREADY nationalized health care.
While I don't sell MAPD, I like them for those who can't get a Med Supp due to cost or UW.
My hope is that IF the government dumps MA that they will creat a SEP (say six month) for those on MA to buy GI Supps. That would be a good market, at least in my area. YMMV.
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
My hope is that IF the government dumps MA that they will creat a SEP (say six month) for those on MA to buy GI Supps. That would be a good market, at least in my area. YMMV.
[COLOR=red]IF[/COLOR][COLOR=black] my memory serves me right, about 10 years ago there was a similar program called Med-choice. When those plans were discontinued, folks had the usual 63 days to hunt another replacement. [/COLOR]
I suspect this rule will hold for SEP in the future .
Re: Another Medicare Advantage Plan Has Left the Building.Go to Top
Originally Posted by policy doctor
My hope is that IF the government dumps MA that they will creat a SEP (say six month) for those on MA to buy GI Supps. That would be a good market, at least in my area. YMMV.
[COLOR=red]IF[/COLOR][COLOR=black] my memory serves me right, about 10 years ago there was a similar program called Med-choice. When those plans were discontinued, folks had the usual 63 days to hunt another replacement. [/COLOR]
I suspect this rule will hold for SEP in the future .
Another Medicare Advantage Plan Has Left the Building.
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