Expansion of Medicare Advantage Business Is One of WellPoint's Biggest Ever
/ CNW / - WellPoint plans affiliated adding Medicare Advantage (MA) products in 136 counties in 11 states this year, covering a population of over 1 million people eligible for Medicare.MA plans to incorporate parts of Medicare (hospital) and B (medical) in a very convenient product that can include additional benefits. Part D can also be added to drug coverage (MAPD). Over 12 million people around the country a Master Plan, according to the plans of the American health insurance.
org/1999/xhtml"> "We're very excited to get approval from the Centers for Medicaid & Medicare Services for this expansion, which is one of our biggest ever," said , a vice president in WellPoint's senior business. "These plans will help provide people eligible for Medicare with more choices for their health care within their respective markets."As a result of the expansion, Medicare eligibles in 74 counties in six states will have access to a WellPoint affiliated health plan for the very first time. The largest expansions to new counties are occurring in .
Also during AEP, the WellPoint affiliated plans are offering Optional Supplemental Benefits (OSBs) in 12 states. OSBs cover additional services that may not be covered in the member's Medicare Advantage health plan, such as dental, vision, chiropractic services and acupuncture. Medicare beneficiaries can enroll in an optional supplemental benefit package when they enroll in their 2012 MAPD or for up to 90 days after their plan effective date. OSBs require an additional premium.
"Baby Boomers are aging into Medicare with many interests and goals," Smith said. "We're developing products like OSBs to give them a variety of choices."
In addition to MA and MAPD plans and OSBs, WellPoint affiliated plans offer Medicare Supplement plans with extra benefits available for purchase called "Anthem Extras.
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