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Friday, December 11, 2009

Aetna will Terminate Medicare Advantage Plans

"Health insurance plans that for years offered enhanced Medicare coverage for 11 million Americans age 65 and older are under some strain.
Aetna Inc. has advised 8,500 area customers that it will terminate two of its Medicare Advantage plans at the end of this year. Independence Blue Cross has given the same notices to 44,000 individual subscribers who depend on four plans it offers.
Other insurers in other markets are also making cuts.
Meanwhile, area offices for the aging are being swamped with calls as worried senior citizens try to figure out whether their plans are affected.
'People are calling in tears,' said Kim Andrews, director of a program with the Delaware County Office of Services for the Aging that helps the elderly sort out insurance options." Visit: ANATP:

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