Medicare Shifts May Mean Higher Costs and Fewer Coverage Choices

A health insurance broker is urging residents to watch closely for possible changes in Medicare Advantage plans and prescription drug coverage.

Lauren Hebert, a broker with Mediqwest in Long Prairie, addressed the issue at Hilltop Kitchen in Eagle Bend, saying that rising health care costs and changes in how brokers are compensated could make the market less predictable.

He said some Medicare Advantage plans may narrow their service areas, raise out-of-pocket expenses, or reduce extra benefits such as dental and vision coverage.

“I’m a tour guide to a disaster zone,” Hebert said.

Hebert also advised people whose Medicare Advantage plans are being ended to keep the non-renewal notice from their insurer. He said it may qualify them for a special enrollment period, which can create a guaranteed chance to apply for a Medicare supplement plan without health questions, and then add a Part D prescription drug plan if they do not already have comparable coverage, such as through the VA.

He added that Minnesota rules may restrict which supplement plans are available in that situation.

“If you lose a plan, we have until the end of the year to fix it,” Hebert said. “So we’re not going to rush...”