Premera Blue Cross has publicly announced the company will exit the Medicare Advantage market. As of January 1, 2025, Premera will no longer offer Medicare Advantage plans. All existing Medicare Advantage members’ coverage will end on December 31, 2024. Premera Medicare Supplement plans and members are not affected. If you have questions about your plan, please contact customer service at 888-850-8526
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The exit was driven by "changing market conditions and financial pressures," according to a Oct. 1 news release from Premera.
The company has 32,000 Medicare Advantage members in Washington, according to the release, a small portion of Premera's 2.75 million members.
Premera will continue to offer Medicare supplement plans in Washington and Alaska.
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Medicare Advantage for New and Existing Customers - Premera Blue Cross
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medicare.premera.com
The exit was driven by "changing market conditions and financial pressures," according to a Oct. 1 news release from Premera.
The company has 32,000 Medicare Advantage members in Washington, according to the release, a small portion of Premera's 2.75 million members.
Premera will continue to offer Medicare supplement plans in Washington and Alaska.
Premera Blue Cross exits Medicare Advantage
"Premera Blue Cross announces exit from Medicare Advantage market in 2025 due to changing conditions and financial pressures, affecting 32,000 members in Washington.
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