Medicare Advantage plan endings could hit up to 5 million seniors, NPR reports
As many as 5 million seniors may need to pick a new Medicare Advantage plan by Dec. 7, NPR reports, while CBS News puts the figure from two big insurers at 1 million.
As many as 5 million seniors will need to log on and choose a new plan during Medicare open enrollment, which runs through Dec. 7, NPR reports. The reports concern Medicare Advantage plans that are ending next year.
CBS News reported that insurers are ending some Medicare Advantage plans for 1 million seniors. It said two of the largest private insurers are behind those cuts. According to CBS, the insurers cite higher costs and a spike in how much members use their coverage.
PBS NewsHour reports that in some parts of the country, insurers are leaving markets or dropping plans that many people depend on. Its headline says millions are scrambling to find coverage. PBS also says seniors are struggling to work through the changes, and it describes rising health care costs as a new pressure on Americans.
The figures differ by outlet: 1 million from CBS, "millions" from PBS, and up to 5 million from NPR. The reports do not explain the gap.
Reported by
- CBS NewsMedicare Advantage plans cut for 1 million seniors, insurers sayFri, Oct 23, 4:19 PM EDT
- PBS NewsHourMedicare Advantage cuts leave millions scrambling to find coverageFri, Oct 23, 6:30 PM EDT
- NPRIs your Medicare Advantage plan ending next year? Here's what to knowSat, Oct 24, 6:00 AM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.
Earlier versions (1)
- Fri, Oct 23, 7:20 PM EDT, 2 outlets: Insurers cut Medicare Advantage plans, affecting about 1 million seniors