Clock is Ticking for Medicare Advantage Plan Members to Switch to Original Medicare
People with Medicare who are enrolled in a Medicare Advantage (MA) plan can switch to Original Medicare during the Medicare Advantage Disenrollment Period (MADP), which occurs every year from
"At this time of year, we often get calls on our helpline from people who discover that their Medicare Advantage plan's network of providers or the prescription drugs it covers have changed in 2018. Others are dissatisfied with the MA plan they picked during Fall Open Enrollment," said
Changes made during the MADP will become effective the first of the following month. For example, if someone switched from a MA plan to Original Medicare and a stand-alone prescription drug plan in February, their new coverage would begin
It is important to note that if someone disenrolls from their MA plan, federal law does not usually give them the right to buy a Medigap plan, supplemental polices that help pay for Original Medicare deductibles and coinsurances. The laws vary in each state and might be more or less lenient. People should check with their SHIP (
For more information about the MADP, visit Medicare Interactive (www.medicareinteractive.org), the Medicare Rights Center's free online counseling tool.
To learn more about options to switch from a MA plan to Original Medicare or change coverage, contact Medicare at 1-800-MEDICARE (1-800-633-4227).


60-Day Notice of Proposed Information Collection: Energy Efficient Mortgages (EEMs)
The Aids Institute Commends Publix for Reevaluating HIV Prevention Drug Coverage
Advisor News
- Could a narrower focus help grow your practice?
- U.S. debt hits $40 trillion: how to support concerned clients
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
More Advisor NewsAnnuity News
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News