Medicare Advantage Changes: What You Need to Know for 2027

With the approach of 2027, expats in Panama City should take note of significant changes in Medicare Advantage plans. Starting next year, one insurance company will no longer offer overseas medical emergency coverage, which could leave many residents unprepared for unexpected medical situations.

Fortunately, there's a solution. Between October 15th and December 7th, you can switch to a different Medicare Advantage plan. To help you through this process, Panama Relocation Tours is hosting a special livestream with Wes Chapman, a Medicare Advantage insurance agent who specializes in working with expats.

WHEN: Tuesday, October 6
TIME: 6 PM Eastern | 5 PM Central

During the livestream, you'll learn about the available options, how to switch plans, and the specifics of direct billing in Panama. Wes Chapman will provide valuable insights on which plans offer the best coverage, how to switch to a new plan, and the practical steps you need to take. Don't miss this opportunity to ensure your medical needs are covered in the event of an emergency.

To prepare for the livestream, make sure to monitor your email and mail for your plan’s Annual Notice of Change or log in to your insurer’s website to review your 2027 coverage. Medicare Open Enrollment runs from October 15 to December 7, so this is your chance to review your options for coverage beginning January 1.

Before making any decisions, verify that the Panama hospital nearest you accepts your exact insurance for direct billing. If not, you may need to pay upfront and file a claim, which can be time-consuming and complicated. Some hospitals even refuse to work with certain Medicare Advantage plans. Wes Chapman can help you navigate these complexities and find the best solution for your needs.