How Do I Cancel My Caresource Insurance?

  • Monday through Friday from 7 a.m. to 8 p.m., and Saturday from 8 a.m. to 5 p.m., call the Ohio Medicaid Hotline at 1-800-324-8680. TTY users should dial 7-1-1 to reach the Ohio Relay Service.
  • 24 hours a day, seven days a week, call 1-800-MEDICARE (1-800-633-4227). For TTY users, dial 1-877-486-2048.

Redeterminations

At least once a year, Georgia Medicaid and PeachCare for Kids eligibility is re-evaluated.

Before the renewal date, you will receive a notice in the mail. The renewal date is determined by the following factors:

How do I cancel my Medicare in Ohio?

Only during specified times of the year, known as enrollment periods, can you cancel your membership in our plan. During the Annual Enrollment Period, all members have the option to leave the plan (October 15 to December 7 of each year). During the Open Enrollment Period, anyone participating in a Medicare Advantage Plan (except an MSA plan) can switch plans or return to Original Medicare (and join a stand-alone Medicare Prescription Drug Plan) (January 1 to March 31 of each year). You can’t make adjustments at other times unless you’re moving out of your plan’s coverage area, want to join a 5-star plan in your area, or qualify for (or lose) Extra Help paying for prescription drug prices.

If you have any concerns or would want additional information about when your membership can be terminated, please contact us at:

  • Every fall, everyone with Medicare receives a copy of “Medicare & You.” Those who are new to Medicare get it within a month of joining up.
  • A copy is also available to download from the Medicare website. You can also call Medicare at the number below to request a printed copy.
  • Medicare can be reached 24 hours a day, 7 days a week at 1-800-MEDICARE (1-800-633-4227). For TTY users, dial 1-877-486-2048.

What’s the difference between Medicaid and Medicare?

Medicare is a federal program that covers you regardless of your income if you are 65 or under 65 and have a handicap. Medicaid is a state-federal program that provides health insurance to low-income people. They will collaborate to provide you with health insurance and reduce your expenditures.

How do I cancel my Medicaid in Illinois?

During particular times of the year, known as enrollment periods, you can cancel your membership in our plan. During the Annual Enrollment Period, which runs from October 15 to December 7, all members have the opportunity to leave the plan. You may be able to exit the plan at other periods of the year if you qualify for a Special Enrollment Period.

  • Blue Cross MedicareRx must receive a signed written notice from you (or, if enrolled through your employer group, the employer group must provide Blue Cross MedicareRx with the request to disenroll you).

Can I cancel my health insurance at any time?

  • Simply log into your Marketplace account if you’re canceling an Affordable Care Act (ACA) Obamacare plan you bought on a federal marketplace, such as Healthcare.gov or your state marketplace. State marketplaces will have different prompts and page flows. If you purchased your plan through the federal exchange, simply log into your account on healthcare.gov, go to the “My Plans & Programs” tab, and pick “End (Terminate) All Coverage” from the menu. Before following the final instructions to cancel your Marketplace health insurance policy, enter the date when you want your coverage to terminate.

More Helpful Tips about Cancelling Marketplace Plans

  • Cancel as soon as possible: If you’ve chosen to cancel your Marketplace plan, do so as soon as possible. Before coverage stops, there is usually a 14-day waiting period, which means you will be responsible for premium payments for the next two weeks. If you’re canceling coverage for your spouse and other dependents, there is an exception. In such instances, the cancellation is almost always immediate.
  • Set an Expire Day Ahead of Time: Policyholders can schedule the cancellation of Marketplace insurance, which means you can specify a specific date in the future for your coverage to end.
  • When you cancel, make sure you don’t get billed again: Take a look at your bank statements. Make sure your old policy isn’t being billed and that your new coverage is operational.

How to Cancel Health Insurance Purchased from a Private Insurer

Getting in Touch With Your Provider: If you want to terminate a private insurer’s health insurance, you’ll need to contact that insurer for instructions. The cancellation protocols used by different carriers differ. Some insurers will offer you a form to complete, while others will require a more formal written confirmation to terminate coverage. To acquire the information you need, call the customer support number on the back of your health insurance card.

Helpful Tips When Cancelling Private Plans

  • Get Carded: The phone number for your insurer’s customer service is usually displayed on your health insurance card and on your monthly premium bill.
  • Keep an eye out for waiting periods: If you’re starting a new job, keep in mind that many companies need a 30- to 90-day (or more) waiting period before coverage begins. To avoid a coverage gap, double-check with your HR department to ensure the exact start date of your coverage.
  • Record the date, as well as the agent’s full name, the callback number, and your cancellation confirmation number, in your notes when you speak with an insurance representative. It will be much easier to resolve any future concerns now that you have that information.

How to Cancel Employer Health Insurance

  • Make sure that the cancellation date for your existing policy falls on or after the start date of your new plan.
  • “Cafeteria Plans” have the following exceptions: Employees can choose to discontinue their employer-sponsored health insurance at any time, as long as they are not deducting premium payments from their paychecks before taxes. Employees who are able to pay their premiums using pre-tax cash are enrolled in a Section 125 Plan, which means they can only change or terminate their plan through an OEP or SEP.

Helpful Tips about Employer Health Insurance

  • COBRA: Employees (and their families) who lose group health insurance at work must be given the option to keep their coverage — but at their own expense.

Employees and their families who lose their health benefits can continue to participate in their group health plan for a limited time under the Consolidated Omnibus Budget Reconciliation Act (COBRA), which permits them to do so for up to three years for dependents. In the event of a voluntary or involuntary job loss, a reduction in work hours, divorce, or death, you are eligible for COBRA. However, COBRA is costly since employers no longer contribute; you are responsible for all health-care costs, plus a 2% administration charge.

  • If you have any questions or concerns, please contact us. Talk to your HR department at work if you want to learn more about canceling your health insurance coverage.

How to Cancel Medicaid or CHIP Programs

  • Expect to be notified by the state about your income adjustment. If your household income rises or state qualification rules change, you may lose your Medicaid or Children’s Health Insurance Program eligibility. (CHIP is a program that provides low-cost health insurance to children under the age of 19 who do not qualify for Medicaid.) If you lose your Medicaid or CHIP coverage, you’ll have a 60-day special enrollment period to purchase a Marketplace plan if you can afford it after collecting common federal subsidies. Subsidies are available to nearly 90% of those who have Obamacare.
  • Notify Your Caseworker: If you need to cancel your Medicaid or CHIP plan due to a new job or your child turning 19 and aging out, you’ll need to look into the process in your state. The laws in each state differ greatly. Begin by contacting your state’s Medicaid caseworker. You usually have 30 days to enroll in a Marketplace plan before your Medicaid or CHIP coverage expires.

How to Cancel Obamacare and Switch to Medicaid or CHIP

  • Expect a Letter: If you wish to cancel your Obamacare plan because you’ve become eligible for Medicaid or CHIP, you’ll have to go through the same procedure as before. You should receive a letter informing you that you are eligible for Medicaid or CHIP, as well as a list of steps you must do to enroll – all by a certain deadline. Don’t wait any longer. Enroll as soon as possible.
  • Don’t Forget: You must also terminate your Obamacare coverage in a timely manner. Your Marketplace coverage and expenses will remain if you do not cancel your Obamacare plan once your Medicaid coverage begins. However, whatever government subsidies you were receiving will come to an end, leaving you to pay the full cost of your health insurance, less any cost-sharing reductions you were receiving. Cost Sharing Reduction Subsidies (CSR) lower out-of-pocket expenses on ACA Marketplace Silver plans for those making between 100 percent and 250 percent of the federal poverty threshold (100 percent is $12,760 for an individual, $17,240 for a family of two, $21,720 for a family of three). These subsidies are in addition to Premium Tax Credits, which reduce premium expenses for persons earning between 100% and 400% of the poverty level, up to $50,000 for an individual and $89,000 for a family of three.

How to Switch from Obamacare to Medicare

  • Happy 65th Birthday: You can keep your Marketplace plan until you decide to enroll in Medicare. The majority of people enroll as soon as they become eligible during the Initial Enrollment Period, which runs from three months before to three months after their 65th birthday.
  • You can even keep your Marketplace plan if you choose. However, after your Medicare Part A coverage begins, you won’t be eligible for any premium tax credits or other cost savings. As a result, the Marketplace plan would have to be purchased at full price.
  • After you reach the age of 65, you have another option. You might keep your work-based health insurance until you retire or leave your job.

How to Cancel Health Insurance on Behalf of a Deceased Person

  • To get rid of Medicare, follow these steps. If you need to report the death of a Medicare beneficiary, make sure you have the person’s Social Security number (SSN). Then, to report the death, call Social Security at 1-800-772-1213 (TTY: 1-800-325-0778).
  • Cancelling a Marketplace Health Insurance Plan: If you’re the primary policyholder and a member of your plan dies, you can cancel the deceased enrollee’s health insurance online at healthcare.gov. You can also report the person’s death by calling the Marketplace Call Center at 1-800-318-2596 (TTY: 1-855-889-4325).
  • If you aren’t covered by the deceased person’s policy, you can cancel your Marketplace health insurance plan by following these steps. If you’re at least 18 years old, you can report a death on behalf of a household, even if you’re not a member of the household listed on the Marketplace application. What you’ll need to accomplish is:
  • Send copies of documents that prove the death, such as the death certificate, obituary, court document proving death, or proof that you were named executor of the estate.
  • The deceased person’s entire name, date of birth, SSN (if known), and your contact information as the person submitting the evidence should all be included in these documents.
  • Health Insurance Marketplace / ATTN: Coverage Removal, Dept. of Health and Human Services, 465 Industrial Blvd., London, KY 40750-0001, London, KY 40750-0001. It’s important to remember that the originals should be kept as backups and only copies should be sent.
  • You Will Be Contacted by the Marketplace Call Center: The Marketplace Call Center will make an attempt to contact you about terminating coverage for the dead person, as well as enquire about the status of anyone else who is still enrolled in the plan. The remaining household members, for example, may need to amend their tax returns, financial information, or other information on their application. When a family member dies, the other members of the household are usually eligible for a SEP, which allows them to amend their plans.

Exceptional Cases for Cancelling Health Insurance

  • Child Support or Divorce: As part of court-ordered child support or divorce processes, you may be legally compelled to keep your health insurance policy. In addition, if a Medicare user wants to switch to commercial insurance or an HMO, he or she must apply to the Health Care Financing Administration (HCFA) beforehand.
  • When You Want to Switch from Medicare to Private Insurance: When a Medicare beneficiary desires to move to better private insurance, such as through coverage provided by a new employer, he or she must first apply to the Healthcare Financing Administration (HCFA).

Taking the Next Steps

Do not panic if you are unhappy with your existing coverage or if you lose coverage for some reason; there are nearly always a variety of suitable solutions available to you.

Is Peach State and PeachCare the same thing?

Peach State Health Plan (Peach State) is a Georgia Families participating health plan (GF). It is a Medicaid and PeachCare for Kids managed care program. We provide local healthcare initiatives and services to our members. We ensure that everyone has access to high-quality healthcare.

Is WellCare same as CareSource?

Wellcare began as a Medicaid provider for the state of Florida in 1985, with headquarters in Tampa. WellCare began selling Medicare Part C, commonly known as Medicare Advantage, after the Balanced Budget Act of 1997 was established. It began offering Medicare Advantage plans that included prescription drug coverage in 2003. Wellcare went public in 2004. Chairman David Gallitano was named temporary CEO of WellCare in November 2013. He expanded technology investment and notably plastered the walls with images and portraits of health-plan participants, including those suffering from cancer, homelessness, and starvation. Kenneth Burdick was chosen as the new CEO and board member of WellCare in 2014. He started off as the company’s president of national health plans, but was quickly moved to president, COO, and then CEO. Wellcare announced a redesign in September 2017 with the slogan “Beyond Healthcare: A Better You,” with a focus on holistic health. Wellcare announced the addition of UNC Health Alliance primary care providers and specialists to its Medicare Advantage network in October 2017. Wellcare is based in 20 states and was named One of the World’s Most Admired Companies by Fortune Magazine in January 2018. Centene Corporation purchased Wellcare in January 2020.

CareSource was created in 1989 with the goal of providing quality health care coverage to Medicaid recipients. It now has one of the largest Medicaid managed care schemes in the country. On the Health Insurance Marketplace, CareSource also offers private health insurance plans, including Medicare Advantage and MyCare Ohio plans. CareSource serves over 1.9 million people across five states. The corporation employs approximately 3,800 employees and is classified as a non-profit.