2014 Medicare Advantage Plan Gains and Losses

The Centers for Medicare & Medicaid Services published their  2014 “Crosswalk” file outlining Medicare Advantage plan gains and losses.

The file lists all of the Medicare Advantage and Part D Prescription Drug Plan changes from plan year 2013 to 2014. Each 2013 plan is identified as being renewed, terminated or consolidated.  Here are the summary results:

Type of Change
Plans Affected
Consolidated Renewal Plan 338
New Plan 614
Renewal Plan 3,689
Renewal Plan with Service Area Expansion 340
Renewal Plan with Service Area Reduction 301
Terminated Plan 381
Terminated/Non-Renewed Contract 129

When MedicareWire cross-referenced the 2013 enrollee reports published by Kaiser, we could clearly see large concentrations of Medicare Advantage enrollees that will be shopping for new health care coverage for 2014.

Overall, there are as many as 300,000 seniors enrolled in a plan that will be discontinued in 2014. These people will need to find a new plan or switch back to Original Medicare.

Hardest hit are enrollees from New Jersey, with as many as 40,000 affected by discontinued plans.  California, Florida, New York, Georgia and Pennsylvania all have 20,000 or more enrollees affected by plan terminations.

As a reminder to all seniors and other beneficiaries with Medicare, the Obamacare open enrollment, which started on October 1, 2013, does not affect your Medicare Annual Election Period.  Medicare open enrollment remains the same.  It begins on October 15th and ends December 7th.

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