Congress must address Medicare needs - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
December 30, 2016 Newswires
Share
Share
Post
Email

Congress must address Medicare needs

Deseret News (UT)

By Janet Trautwein

Over 18 million seniors just picked a Medicare Advantage plan for next year. Let's hope they chose wisely. Because if they selected a benefit package that turns out to be a bad fit, they're likely stuck with it.

That didn't used to be the case. Up until a few years ago, seniors had an opportunity to switch plans in the first weeks of the new year if their budgets or health circumstances changed.

Medicare Advantage is more popular than ever. The program allows seniors to pick from a variety of privately administered insurance plans that provide dental, vision and prescription drug benefits in addition to coverage for hospital procedures and doctor visits. Enrollment has increased from less than 6 million a decade ago to more than 17 million in 2016. The Congressional Budget Office projects that more than 40 percent of all seniors eligible for Medicare will enroll in a Medicare Advantage plan by 2017.

Seniors select their Medicare Advantage plans during an "annual election period" each fall. Throughout this period, they can change Medicare Advantage plans, continue with their current plan or return to traditional Medicare.

But as of Jan. 1, their decisions are all but locked in for the rest of the year.

This wasn't always the case for seniors. During a 90-day "open enrollment period" following Jan. 1, seniors could choose a new Medicare Advantage plan if they decided that the one they'd previously selected wasn't a good fit for them.

The Affordable Care Act eliminated this open enrollment period. Instead, the law offers a poor substitute - an "annual disenrollment period." For the first six weeks of the year, seniors can exit their Medicare Advantage plans. But they must then enroll in traditional Medicare. They can't pick a new Medicare Advantage plan.

This lack of flexibility can have real negative consequences for seniors. For instance, some seniors might not realize the benefits and providers covered by their Medicare Advantage plan have changed from one year to the next - until they walk into their doctors' offices and have their insurance cards denied.

Others may be unaware another Advantage plan has lower premiums and deductibles, or more valuable benefits, until a friend informs them of other options.

Before the Affordable Care Act eliminated the open enrollment period, seniors who enrolled in a plan for Jan. 1 could "test drive" plans - and then could make a one-time switch if they found the plan was not a good fit. A survey conducted by my organization, the National Association of Health Underwriters, found many seniors who switched coverage during open enrollment did so because friends or relatives furnished them with additional research about coverage options that better suited their particular needs.

Low-income seniors have been hit particularly hard. Without the open enrollment backstop, many find themselves stuck in a Medicare Advantage plan that doesn't provide adequate or affordable coverage. And their only other option is to switch to traditional Medicare, which doesn't cover the dental and vision procedures they may need.

Fortunately, Congress is considering restoring seniors' freedom to make a one-time switch to another Medicare Advantage plan. Restoring this pre-ACA provision would prevent them from inadvertently getting trapped in a plan that does not meet their health care needs or is not in their best financial interest - and prove that Congress truly is "open" to meeting seniors' health care needs.

Janet Trautwein is chief executive officer of the National Association of Health Underwriters.

Credit: By Janet Trautwein For the Deseret News

Older

Top Stories of 2016, No. 1: Hurricane Matthew floods northern Pender, erodes beaches

Newer

Utahns will play key role in repeal of Obamacare

Advisor News

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • How flexible annuities fit today’s retirement portfolios
  • Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity News

Health/Employee Benefits News

  • Sand, Lahn call for increasing mental healthcare access, Medicaid oversight in debate
  • CT health insurance premiums are going up but help is available. What to know
  • Can your finances handle an unexpected health crisis?
  • NC's State Health Plan taps retiree funds amid cash crisis, reaches deal with Atrium Health
  • Study: Colorado’s Medicaid covers more services than private insurance
More Health/Employee Benefits News

Life Insurance News

  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • Life insurer ordered to stop selling new policies in Virginia
  • Data on Critical Illness Detailed by Researchers at Shanghai University of Finance and Economics (Does the Mobile Application Sales Channel Strengthen Insurance Inclusion? Evidence From Critical Illness Insurance): Disease Attributes – Critical Illness
  • Northwestern Mutual announces record $10B dividend payout
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.