You can change your Medicare Health Insurance Plan during Enrollment Periods that are available at different times of the year. Some are more extensive and the type of plan you are on plays a role. The following enrollment Periods apply to Medicare Advantage Plans (Part C) and Prescription Drug Plans(Part D):
Medicare Annual Enrollment Period- October 15 – December 7
Medicare Beneficiaries can-
Change their Medicare Advantage Plan to another Medicare Advantage Plan.
Return to Original Medicare and add a Part D Prescription Drug Plan.
Change their Part D Prescription Drug Plan for another Part D Prescription Drug Plan.
Change their Part D Prescription Drug Plan for a Medicare Advantage Plan
Return to Original Medicare, add a Part D and add a Medicare Supplement(Medigap Plan.
Medicare Open Enrollment Period- January 1 – March 31
Medicare Beneficiaries can-
Return to Original Medicare and add a Part D Prescription Drug Plan.
Change their Medicare Advantage Plan for another Medicare Advantage Plan.
Medicare Supplement(Medigap) Plans
Medicare Beneficiaries can change their Medigap Plan for another Medigap Plan during the year. This applies to New York residents and other states that do not require a medical questionnaire. However, you cannot change the Part D Prescription Drug plan that goes with it unless the change is made during and acceptable enrollment period. It should be noted that you cannot combine a Medicare Supplement Plan with a Medicare Advantage Plan.
Special Enrollment Periods-
There are circumstances during the year which allow individuals to change their plan outside of the above enrolment periods. These include moving, developing a chronic condition, becoming Medicaid eligible, and dealing with certain weather events. For a complete list use the attached link.
Mike Miligi- Owner- Michael M Insurance Services
For over 10 years Mike has been assisting Seniors and other Medicare eligible individuals understand the ins and outs of Medicare and Medicare Health Insurance options including Medicare Advantage Plans(Part C), Medicare Supplement Plans(Medigap), Prescription Drug Plans(PartD) and Dental and Vision programs.
Mike is Licensed in 7 States and Certified with 11 Insurance Carriers and has helped thousands of individuals decide on the best course of action for their particular Health Insurance needs. Because Mike is an Independent Medicare Health Insurance Broker, he works for the client not the Insurance Carriers and is able to provide his clients with accurate and unbiased Health Insurance options.
