More than 36,000 Mainers are poised to be dropped from their Medicare Advantage plans in January, as insurers cut back plans or exit certain parts of the state entirely, according to the Maine Bureau of Insurance.
Insurance companies will notify individual members about changes to their coverage. Those who receive notices of termination should hold onto that record, the bureau said in a Friday release.
Individuals whose plans are expiring should enroll in new Medicare Advantage of Medicare Supplement plans during the annual open enrollment period from Oct. 15 to Dec. 7 to avoid a lapse in coverage, the bureau said.
The cuts will impact at least 36,875 Mainers, though that figure could rise, said Joanne Rawlings, director of the bureau’s consumer health care division.
“We’re still waiting on one carrier, (Humana),” Rawlings said Friday afternoon. “But based on the information that we have, that’s the number.”
Martin’s Point plans make up the majority of the terminations, according to a list provided by the bureau. Between the its Generations Advantage Prime, Generations Advantage Value Plus and Generations Advantage Select plans, the company will terminate coverage for more than 28,000 members.
A spokesperson for Martin’s Point did not immediately return an emailed request for comment on why it is terminating the plans.
A list of Medicare Advantage plans that will still be available in 2026, by county, is available on the bureau’s website.
Members with questions can call the State Health Insurance Program at 1-877-353-3771 weekdays from 8 a.m. to 4:30 p.m. The federal Center for Medicaid and Medicare Services can be reached 24/7 at 1-877-486-2048.
This story will be updated.
36,000 Mainers’ Medicare Advantage plans will be canceled next year
