UnitedHealthcare Medicare Advantage Contract with WakeMed Expires

URGENT UPDATE: The UnitedHealthcare Medicare Advantage contract with WakeMed Health and Hospitals has officially expired, leaving many North Carolinians questioning their coverage options. As of October 14, 2023, individuals seeking care at WakeMed facilities may face significant changes in their insurance benefits.

This development adds urgency to ongoing negotiations between UnitedHealthcare and WakeMed, with commercial contract discussions still in progress. The expiration of the Medicare Advantage plan means that patients who rely on this coverage could find themselves without essential services should they choose to visit any WakeMed locations.

In a statement released on Saturday, WakeMed emphasized the potential impacts for local patients, stating, “We urge affected individuals to explore their options and stay informed about their coverage.” The health system is committed to ensuring that patients understand their choices in light of this significant shift.

The implications of this contract expiration are profound, especially for the elderly and those with chronic health conditions who depend on Medicare Advantage plans for their medical needs. With the uncertainty surrounding healthcare access, many residents are understandably anxious about their next steps.

As these discussions unfold, stakeholders are encouraged to keep a close watch on updates from both UnitedHealthcare and WakeMed. The health and wellbeing of countless North Carolinians hang in the balance as negotiations progress.

WHAT TO WATCH FOR: Updates on the commercial contract negotiations between UnitedHealthcare and WakeMed are expected in the coming days. Patients and families are advised to check with their insurance providers for the latest information on their coverage status and available options.

Stay tuned for further developments as this story continues to evolve.