During the recent Medicare Open Enrollment Period (OEP) you had several healthcare options to consider, including:
- Continuing with your current coverage
- Enrolling in a new Medicare Advantage or Medicare Part D prescription drug plan
- Dropping your Part D coverage
- Leaving Medicare Advantage and returning to Original Medicare
Here, we’ll look at your options if you decided not to leave Medicare Advantage during the Oct. 15-Dec.7 OEP but have since reconsidered, or are in the process of reconsidering leaving your Medicare Advantage plan.
It’s possible your Medicare Advantage plan has changed its premiums or benefits for the current year, and you’ve decided since Dec. 7 of last year that you want to get out. Perhaps your medical situation has changed in recent weeks and your Medicare Advantage plan isn’t offering some of the benefits you need now.
Whatever your reason for wanting to disenroll from Medicare Advantage, you’ll have the option of leaving your Medicare Advantage plan during the annual Disenrollment Period for Medicare Advantage, which in 2013 takes place from January 1 to February 14.
During the Disenrollment Period for Medicare Advantage, you can:
- Return to Original Medicare
- Apply for a Medicare supplement
- Enroll in a stand-alone Part D plan
If you’re thinking about dropping your Medicare Advantage plan during this year’s Disenrollment Period for Medicare Advantage, you’re well advised to look at Medicare supplement options before disenrolling from your current plan. The best way to start is by getting a free Medicare supplement insurance quote and becoming familiar with all your Medigap options. Call MedicareMall toll-free at (877) 413-1556 to discuss the best and most cost-efficient Medicare supplement options available to you.
If you decide to drop your Medicare Advantage plan and apply for a Medicare supplement, you should do so early enough to learn whether your application is accepted prior to February 14th. And unless you’re prepared to be insured only by Original Medicare, you shouldn’t drop your Medicare Advantage plan until you’re certain you’ll be able to get a Medicare supplement policy to replace it.
If you have questions about senior healthcare including Original Medicare (Medicare Part A and Part B), Medicare supplement plans, or Medicare Advantage, contact a licensed, bonded MedicareMall representative who can lead you with confidence through the Medicare maze!
Have you decided to disenroll from your Medicare Advantage plan during the current Medicare Advantage Disenrollment Period? Leave a comment letting us know why!
2013 Medicare Advantage Disenrollment Period © 2013 MedicareMall.com