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Guest
Guest
The bottom line for MA viability is Medicare's funding of the program. If the funding is cut again as it was about 10 years ago, you will see plans pulling out again. The increasing costs of Part D will likely be a factor as well.
I sell Humana, which in my area at least, appears to be the most conservative when it comes to pricing, at least up until now. My guess is that they are hedging against the day that funding may drop again. IIRC they only pulled out of two major markets when it happened the last time.
A MA plan is often a good option in the following scenarios:
1. The client cannot afford a Medicare Supplement.
2. The client did not enroll in a Supp. during their open enrollment/guaranteed issue period and cannot get one now for health reasons.
3. A client who is on Medicare Disability, supps being very expensive for those on disability.
4. A client who is in relatively good health (i.e. no current or forseeable major problems) who is looking to save money and who has good plans available in their area in terms of premiums, benefits, network, etc.
I agree...those are the same scenarios in which I recommend an MA plan.