Medicare typically covers those over 65, yet numerous recipients may face increased costs due to changes in plans and coverage merging, impacting their healthcare access.
"When plans end or a merger happens, Medicare enrollees can be impacted in two noticeable ways. In the case of the former, enrollees may be left vulnerable without coverage..."
"Eligible Americans can now join, drop, or switch their supplemental Medicare plans through December 7. Taking action is crucial to avoid higher out-of-pocket costs..."
Insurance mergers and market exits by companies can lead to fewer, often pricier, Medicare options, restricting choices and escalating expenses for older Americans.
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