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December 19, 2014 Newswires
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Florida Healthcare Plus Ordered Liquidated

Diane C. Lade, Sun Sentinel

Dec. 20--Thousands of seniors on Medicare plans offered by Florida Healthcare Plus will need to pick new coverage next month. A circuit court judge in Tallahassee has ordered the Coral Gables-based company into receivership and liquidated by Jan. 1.

Florida Healthcare Plus has four Medicare Advantage plans in South Florida, serving about 1,330 Broward County residents and about 2,210 Palm Beach County residents. Officials with the Centers for Medicare & Medicaid Services said those members can join another Medicare Advantage plan between now and Feb. 28.

During this special enrollment period, seniors also can choose to return to traditional Medicare. Under this option, those wanting drug coverage must enroll in a stand-alone Part D prescription plan or buy a Medigap insurance supplement.

Florida Healthcare Plus members who do nothing will automatically be enrolled in traditional Medicare effective Jan. 1, so they would not lose coverage. Those whose Florida Healthcare plans also included drug coverage would be placed in a Humana Preferred Rx prescription plan, federal officials said.

Out-of-pocket costs will vary according to which option members pick.

Anyone who needs help sorting out choices can contact Florida's Serving Health Insurance Needs of Elders (SHINE) program, staffed by volunteered counselors. Call 800-963-5337, or go to floridashine.org. Contact Medicare at 800-633-4227, or go to medicare.gov.

dlade@sunsentinel.com or 954-356-4295

___

(c)2014 the Sun Sentinel (Fort Lauderdale, Fla.)

Visit the Sun Sentinel (Fort Lauderdale, Fla.) at www.sun-sentinel.com

Distributed by Tribune Content Agency, LLC

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