Becker's Healthcare October 24, 2024
Long Beach, Calif.-based SCAN Health Plan is trying to maintain calm amid a tumultuous Medicare open enrollment.
“Our hope is that we can really provide some peace of mind during this AEP, because it’s not just a season of growth and selling like any annual cycle,” Karen Schulte, president of SCAN Group’s Medicare division, told Becker’s. “It’s really a time of great turmoil for everyone.”
Two major changes in Medicare Part D benefits laid out in the Inflation Reduction Act take effect in 2025 — a $2,000 out-of-pocket maximum, and an option to spread out-of-pocket costs into even payments over an entire year.
Premiums will remain stable in Part D, but plans have had to shift benefits...