Significant Change in Medigap Plans C and F Coming in 2020

Tom KennedyMedicare

On Apr. 15, 2015, Congress passed the Medicare Access and CHIP Reauthorization Act of 2015, which will significantly change Medicare coverage in 2020. For anyone enrolling in Medicare after Jan. 1, 2020, they will not long be able to purchase a Medigap Plan C or Plan F. However, if you have purchased one of these supplemental plans by Dec. 31, 2019, the coverage will still be guaranteed renewable. It is important to note though that premiums could be subject to increase, which could make both Medigap plans cost prohibitive. The legislation The goal of the legislation is to revamp doctor reimbursement under Medicare, which is projected to cost up to $200 billion over the next decade, Elder Law Answers reported. …