MACRA stands for “Medicare Access and CHIP Reauthorization Act of 2015.”
The new MACRA legislation, which goes into effect January 1, 2020, affects a consumer’s ability to enroll in MediGap Plans C and F. These are industry changes and apply to all carriers.
Here are some important details to know:
- Consumers eligible for Medicare Part A before January 1, 2020, can enroll in Plans C and F even after January 1, 2020 and keep their plans as long as they choose.
- Consumers newly eligible for Medicare Part A on or after January 1, 2020, will not be able to purchase either MediGap plans C or F.
- Consumers already enrolled in MediGap Plans C or F do not need to take any action and they can keep the plan they have if they choose.