Braven Health members in New Jersey have until December 7 to choose a new Medicare plan that starts January 1, because every Braven Medicare Advantage plan in the state ends on December 31. At least 42,349 people are enrolled in the ten plans, by one count of federal enrollment data.
Members who take no action are moved to Original Medicare, which has no drug coverage and no cap on yearly out-of-pocket costs. A second window opens December 8, but it can leave a gap in coverage.
Ten plans, all 21 counties, one end date
Braven spokesman Thomas Wilson said the company “made the difficult choice to not offer Medicare Advantage plans after Dec. 31, 2026,” according to Live Insurance News. Wilson also said market conditions compromised Braven’s ability to keep providing members with high-quality coverage, and that the company would support members through 2026…