Cigna Corp. announced on September 6, 2016 that it will not be able to offer new insurance plans during Medicare's upcoming Annual Open Enrollment period.
Cigna said, in a notice filed with the U.S. Securities and Exchange Commission, that it's still working with the Center for Medicare & Medicaid Services (CMS) to address audit findings that led to a Medicare plan sales ban in January of 2016.
"Cigna expects that these matters will not be resolved in time to participate in the 2017 Medicare Advantage and Part D annual enrollment period."
In January of this year, CMS accused Cigna of running its Medicare plans in a way that threatened enrollees' access to care. CMS prohibited Cigna from selling new Medicare plans in 2016, but allowed Cigna to continue to cover the people in the Medicare plans it had already sold.
CMS also has opened up the rules for anyone currently on a Cigna Medicare plan so they can change plans at any time. Cigna Plan Members in 2016 do not have to wait until the 2017 Medicare plan annual enrollment period which is set to run from Oct. 15 through Dec. 7th.
If you have a Cigna plan and want to review your options you can do that today and your new plan can start the 1st of next month! You do not have to wait until the end of the year!
If you have a Cigna Part D prescription Medicare drug plan and would like to find a plan that gives you better coverage or lower costs you can call 207-370-0143 and a licensed agent will review your plan choices with you. There is no obligation to change plans and there is no cost for this help. You can also call toll free: 866-976-9038 or fill out the online request HERE.