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Medicare Advantage Open Enrollment Period

The Medicare Advantage Open Enrollment Period is an enrollment period allowing people currently enrolled in a Medicare Advantage plan an opportunity to change Medicare Advantage plans. It begins on January 1st and continues through March 31st. Once known as the Medicare Advantage Disenrollment Period but revamped in 2019 as the Medicare Advantage Open Enrollment Period.

During this timeframe you can drop your Medicare Advantage plan, return to original Medicare Part A and Part B coverage, and join a stand-alone Medicare Part D prescription drug plan (PDP).  Unless you’re currently enrolled in a Medicare Advantage plan, you cannot make any changes to your Medicare coverage during this enrollment period.

There are several reasons someone might decide to make changes to their Medicare Advantage Plan during the Open Enrollment Period. A few of these reasons include - If you wrongly enrolled in a Medicare Advantage plan that does not have drug coverage and you wanted to enroll in an MA with drug coverage (MAPD). You find that another Medicare Advantage plan in your area provides more affordable overall coverage or your healthcare providers have moved to another network and they are no longer available through your Medicare Advantage Plan. Or you found another Medicare Advantage plan in your area with better supplemental benefits such as vision and dental coverage.

Example: Ms. Gamble turns 65 on February 15. She enrolls in Parts A and B in January (during her IEP) and then decides in February to enroll in a Medicare Advantage Plan. She starts using her MA coverage in March and learns that a doctor she wants to see is out of her plan’s network. Ms. Gamble can use the MA OEP in March to switch MA Plans or to enroll in Original Medicare and a separate Part D plan (PDP), with coverage effective April 1.

Please feel free to call or email us with any questions - 866-MEDIGAP or info@seniorhealthcaresolutions.com We are here for you!