CareMore Contract with CMS
All Medicare Advantage Plans agree to stay in the program for a full year at a time. Each year, the plans decide whether to continue for another year and the Centers for Medicare and Medicaid Services (CMS) may also refuse to renew the plan’s contract, thus resulting in a termination or non-renewal. This may result in termination of the beneficiary’s enrollment in the plan. In addition, the plan sponsor may reduce its service area and no longer offer services in the area where the beneficiary resides. Even if a Medicare Advantage Plan leaves the program you will not lose Medicare coverage. If a plan decides not to continue, it must send you a letter at least 60 days before your coverage will end. The letter will explain your options for Medicare coverage in your area.
2012 Plan Benefits and Cost Sharing
Benefits, formulary, pharmacy network, premium and/or co-payments/co-insurance may change from year to year. Benefits may change on January 1, 2012. All benefits are based on the 2011 calendar year, you must continue to pay your Medicare Part B premium. Enrollment Periods Page