21,000 Iowans to lose Medicare plans
About 21,000 Iowans received notice last week that their insurers would no longer provide their Medicare Advantage plans in 2011, a state agency said.
With Medicare Advantage, Iowa seniors get their health care insurance through a private company, instead of directly through the government Medicare program. The plans often provide coverage, such as prescription drugs, in addition to medical and hospital coverage.
Insurers were required to notify members by Saturday that they will no longer contract with Medicare to provide plans, said Iowa’s Senior Health Insurance Information Program.