Disappearing Act: Accendo Medicare Supplement Take Their Leave

Disappearing Act: Accendo Medicare Supplement Take Their Leave

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In a plot twist that even the great Houdini would admire, Accendo Medicare Supplement plans, once a prominent player alongside CVS Health and Aetna Insurance Company, have made a sudden exit. These plans burst onto the scene in March 2020, just as the COVID-19 pandemic was causing chaos. Fast forward to April 2023, and Aetna and CVS have decided to drop the curtain on Accendo Medigap plans, leaving prospective new enrollees bewildered.

  • Before their vanishing act, Accendo Medigap plans had won the hearts of individuals in 42 states, turning frowns into smiles from Arizona to Alaska, and all the way to Wyoming. However, the magic show took an unexpected turn on April 28, 2023, as Accendo Medicare Supplement plans bid farewell to nine states, including Colorado, where they apparently decided to trade the Rockies for a cozy retirement.
  • As May flowers began to bloom, the disappearing act continued. On May 29, Accendo plans vanished in six more states, leaving residents in places like Idaho and Texas perplexed. Then, in a Shakespearean twist, on July 28, 2023, Accendo plans made a dramatic exit from six additional states, leaving residents with a sense of “parting is such sweet sorrow.”
  • Finally, in a grand finale on September 28, 2023, Accendo plans disappeared into the sunset from six more states. Missouri, Montana, and Nevada, don’t fret; they’ll send postcards. But, Accendo isn’t leaving the stage entirely just yet; they are still taking applications from states unaffected by their disappearing act.

However, here’s the surprising twist: Accendo plans intend to vanish from all states eventually, bidding adieu to the nation’s grand stage. So, stay tuned as we navigate this rollercoaster plot, bringing you all the updates as this magic show unfolds.

For current Accendo policyholders, you are the lucky ones. If you’re already part of the Accendo fan club or submitted your application before the grand finale announcement, the good news is your current Accendo Medigap coverage isn’t going anywhere. It’s your own private encore. But, there’s a catch – you can’t switch to another Accendo Medigap plan. If you’re seeking a new look, you’ll need to explore other options.

And here’s the punchline: Sticking with your current Accendo Medicare Supplement plan may mean you’ll be laughing all the way to the bank. But, don’t be surprised if you find some extra coins in your piggy bank because, with the curtain falling on new enrollees, rates may rise to keep the show going.

While Accendo makes its exit in the mentioned 15 states, Aetna steps in as the superhero, saving the day. Aetna Medicare Supplement coverage will remain the reliable sidekick you’ve been looking for, ready to leap tall buildings in a single bound. For residents of these 15 states, Aetna offers discounts, plans, and coverage that will make you want to trade your cape for a stethoscope.

If you’re thinking of saying goodbye to your Accendo plan and embarking on a quest for a new Medigap carrier, you’ll need to review your health status to ensure you’re the hero they’ve been waiting for. Just remember, there won’t be a “Special Enrollment Period” cheat code in this adventure. If you’re new to the Medicare stage and Accendo was your opening act, prepare for an encore performance as you scout for the perfect sidekick in your area.

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Justin Brock

President & CEO of Bobby Brock Insurance