Once you enroll in a Medicare Advantage plan during the Medicare Initial Enrollment Period (IEP), you may only change during certain times of the year, including the Annual Enrollment Period Oct. 15 through Dec. 7 of each year.
During the January 1 – February 14 disenrollment period, if you are in a Medicare Advantage plan, you may switch back to Original Medicare and join a Prescription Drug Plan (Part D), with coverage starting the first day of the month following receipt of the enrollment request.
During this window of time, you may NOT:
- Switch from Original Medicare to a Medicare Advantage plan
- Change MA plans
- Change PDPs
- Enroll in, change or leave a Medicare MSA plan
Similarly, MA plan providers can change plan services and payment levels once a year – or pull out of the Medicare program altogether. You can often get prescription drug coverage through a Medicare Advantage plan. However, a member in a Medicare Advantage HMO or PPO who joins a separate drug plan will be disenrolled from the MA plan and go back to Original Medicare.
YourMedicare.com takes pride in providing you as much information as possible concerning your Medicare options, but only a health insurance broker licensed to sell Medicare can help you compare your plan options from various insurance companies. When you’re ready, we recommend you discuss your needs with a YourMedicare.com Licensed Sales Agent.
This content was created and copyrighted by the Medicare Rights Center ©2020. Medicare Rights Center is a national, nonprofit consumer service organization that works to ensure access to affordable health care for older adults and people with disabilities. These materials are presented here with support from YourMedicare.com and may not be distributed, modified or edited without Medicare Rights’ consent.