The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) is a federal law that affects coverages that can be sold to newly eligible Medicare beneficiaries. Effective January 1, 2020, newly eligible Medicare beneficiaries will not be able to purchase plans that cover the Medicare Part B deductible.
“Newly eligible” is defined as anyone who becomes eligible for Medicare benefits due to age or disability, as defined by the Centers for Medicare & Medicaid Services (CMS), on or after January 1, 2020.
Medicare-eligible before January 1, 2020:
Medicare-eligible on or after January 1, 2020:
Note: Individuals eligible for Medicare-eligible before January 1, 2020, will not be eligible to purchase our Plan G (new version) or Plan G – High Deductible.
For current Medicare supplement policyholders –
For those who are Medicare-eligible on or before December 31, 2019 –
For those who are Medicare-eligible on or after January 1, 2020 –
No change. Plans C and F are not going away. Current policyholders may continue with their Plan C or Plan F and may continue to buy Plans C and F beyond January 1, 2020.
We will have two different kits available depending on the Medicare eligibility date. Kit orders for our new 2020 offerings will be available on September 1 through Blueprint for Agents. In the meantime, you can download a copy of our new Medi-Pak® brochure and Medi-Pak application for individuals eligible for Medicare on or after January 1, 2020. Also feel free to download our new 2020 rates for our current Medi-Pak plans (Plans B, C, F, HD-F, G and N).
Questions? Good news, we have a Medicare supplement quick-reference guide available for you and knowledgeable Individual Product Representatives available to answer your questions. Also, we will discuss these changes in detail in our September face-to-face trainings.
Arkansas Blue Cross and Blue Shield is an Independent Licensee of the Blue Cross and Blue Shield Association and is licensed to offer health plans in all 75 counties of Arkansas.
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