My Husband got his letter from his much liked HMO stating that due to the new legislation they would not be available next year and he better find new insurance. I thought the Resident said no one would loose health insurance they liked? I must have heard wrong? Maybe Mr. O will buy me a hearing aid?
Sorry to hear that.
Use this time as an OPPORTUNITY however.
Your husband now has the right, under Federal law, to go back to regular Medicare A and B, and choose nearly any old-fashioned Medicare Supplement company he wants, within some guidelines.
Your husband ALSO has the right to switch to ANY Medicare Advantage Plan (Part C) or Medicare Rx Plan (Part D) that he wants, during the AEP or Annual Election Period, which comes up 15 November to 31 December.
The choices are complicated, however, by the fact that the industry is having trouble figuring out what the government is going to do, which complicates the premium calculations.
The lowest premium, today, might not be the best indicator of which company can keep costs down, under Obama, and maintain good service.