What Would You Do in this Situation ?
So what would you do IF all or a big majority of Medicare Advantage plans disappeared in your state and you had to go on Traditional Medicare but access to a Medigap plan was out of reach financially?
I am pretty sure that there will be a solution to this dilemma in Maryland - they have been dealing with it for a very long time but then again, maybe not. Worth at least thinking about it if it might affect you and your benefits.
I mean, beneficiaries would still have Traditional Medicare to go to and there would be a special guaranteed issue (SEP) period for a Medigap plan if one’s Medicare Advantage plan closes up shop in a state. Course, some of the Medigap plans may be out of reach based on their monthly premiums but others may not be - like the High Deductible Plan G -
I urge ALL beneficiaries to review their [whatever] Medicare coverage during open enrollment this year (Oct. 15 - Dec 07 ) - and your prescription drug plan also - cause there does seem to be some major changes brewing for 2026 / 2027 and each insurer will be deciding how to best handle these changes.