MEDICARE CHANGES FOR 2020
MACRA EXPLAINED
On Jan. 1, 2020, newly-eligible Medicare beneficiaries
won’t be able to purchase Medicare supplement plans
that cover the Part B deductible.
This includes Medicare supplement Plans C, F, High-Deductible F.
A new Medicare supplement Plan High-Deductible G will be available effective Jan. 1 where offered.
This will not affect your Medicare Supplement Medicare-eligibility through Dec. 31, 2019
If you are Medicare eligible or will be through Dec. 31, 2019, your Medicare options are the same as they’ve always been.
You can keep your existing plans or purchase any that covers the Part B deductible, but keep in mind that in the past people that were grandfathered the plans suffered great rate increases and most people were not able to keep them due to the rate increases.
Medicare-eligibility Jan. 1, 2020 and after
The MACRA rule will impact people who become Medicare-eligible after Dec. 31, 2019 as they’re considered “newly-eligible” and won’t be able to purchase
plans that cover the Part B deductible.
Additionally, MACRA makes Plans D and G the guaranteed issue plans for newly-eligible Medicare beneficiaries (as of
Jan. 1, 2020) for the specified period under current law that name Plans C or F for current beneficiaries.
plans offered by Medicare eligibility date.
If you have any questions, please contact customer service at 786-231-0845