The Centers for Medicare & Medicaid Services recently published their “Crosswalk” file during the release of the 2014 Medicare Advantage plan details.
The CMS “Crosswalk” file lists all of the Medicare Advantage and Prescription Drug Plan status changes from 2013 to 2014. It classifies each 2013 Plan as being renewed, terminated or consolidated.
|Company||Effective Date||Average Increase||Comments|
|Aetna Health and Life Insurance Company||11/23/13||2.00%||South Carolina|
|Aetna Life Insurance Company||1/1/14||7.70%||3.7% - 9%; Varies by state|
|Arkansas Blue Cross Blue Shield||1/1/14||4.00%||Arkansas|
|BlueCross BlueShield of Alabama||1/1/14||2.20%||Alabama|
|CDPHP Universal Benefits Inc||11/1/13||4.40%||New York|
|Central States Indemnity Company of Omaha||1/1/14||3.30%||Pennsylvania|
|Colonial Penn Life Insurance Company||11/12/13 - 1/1/14||-3.70%||(19%) - 12%; Varies by state|
|Columbian Mutual Life Insurance Company||12/1/13||9.00%||North Carolina|
|Family Life Insurance Company||1/1/14||10.00%||Louisiana|
|FirstCommunity Health Plan Inc.||1/1/14||2.10%||Alabama|
|Forethought Life Insurance Company||11/1/13||3.00%||(5%) - 9.5%; Varies by state|
|Gerber Life Insurance Company||12/1/13||8.30%||5% - 9%; Varies by state|
|Harvard Pilgrim Health Care Inc.||1/1/14||6.50%||4.7% - 8.2%; Varies by state|
|Humana Insurance Company||2/1/14 - 3/1/14||4.90%||0.0% - 7.4%; Varies by state|
|Liberty National Life Insurance Company||1/1/14||6.10%||0.0% - 7.5%; Varies by state|
|Manhattan Life Insurance Company||10/17/13||3.40%||Texas|
|Philadelphia American Life Insurance Company||1/1/14||6.00%||Illinois|
|Premera BlueCross BlueShield of Alaska||1/1/14||4.40%||Alaska|
|Premera BlueCross BlueShield of Washington||1/1/14||2.90%||Washington|
|Sentinel Security Life Insurance Company||10/1/13||5.10%||0.0% - 9.5%; Varies by state|
|Standard Life and Accident Insurance Company||8/1/13||5.50%||California|
|Sterling Investors Life Insurance Company||12/1/13 - 1/1/14||11.20%||9% - 24.5%; Varies by state|
|Sterling Life Insurance Company||10/1/13||9.90%||North Dakota|
|Thrivent Financial for Lutherans||1/1/14||5.40%||4% - 9%; Varies by state|
|United Commercial Travelers of America||11/1/13||12.10%||7% - 15%; Varies by state|
|United of Omaha Life Insurance||12/1/13||6.50%||Virginia|
|USAA Life Insurance Company||11/1/13||-0.50%||Kentucky|
When paired with recent enrollee reports, you can see where there are concentrations of enrollees that are looking for new coverage in 2014.
There are nearly 300,000 Medicare Advantage enrollees that will have their 2013 plan discontinued in 2014. These people will need to find other coverage options. Over 40,000 of these enrollees are from New Jersey. Five other states have more than 20,000 enrollees impacted by these plan terminations (CA, GA, PA, FL & NY).
Every year plan changes like these generate selling opportunities for both Medicare Supplement and Medicare Advantage agents.
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