Well here we are again at the end of Medicare Annual Election Period. Lots of folks think that their options to change or adjust their coverage are expired, and in some cases they are, but there are still options. I will try to give a few examples.
If you enrolled into a new Medicare Advantage Plan, or decided to stay on your old one, you still may go back to original medicare from Jan 1st to Feb 14th. This time period (known as the Medicare Annual disenrollment period) allows you to go back to original Medicare and then get a Medicare Supplement plan as well as a stand alone PDP or prescription drug plan. You may have to go through underwriting, so make sure you talk to an expert to make sure you don’t get left without coverage.
Folks on a low income subsidy or Medicaid also have the ability to change their coverage at any time. Now we don’t always recommend this, but it is an option.
For those of you on a Medigap or medicare supplement, you can change year round. As long as you can medically qualify, you can change plans as often as you like.
We at www.utahseniorservices.com pride ourselves on knowing all your Utah options and being able to give you the guidance you need to make the right decision. Feel free to contact us.
801.979.6365