Medicare Supplement Store Blog
You can't change or switch your medicare advantage plan. If you think that your plan is not beneficial to you, you have two options:
However, there are times that everyone is given a chance to change their Medicare Advantage plan at a given period. One is between October 15 and December 7, wherein the newly picked insurance coverage will begin on January 1. The other one is between January 1 to March 31 and begins on the first day of the latter month.
Changing Your Medicare Advantage Plan After Open Enrolment
First Year Of Medicare Advantage Plan
If you are a first-time enrollee in a medicare advantage plan, you can take this opportunity to switch to other Medigap insurance plans. There are two reasons the insurance provider will allow this to happen:
Your State Has A Five-Star Medicare Advantage Plan
A state that has earned a five-star from the Centers for Medicare and Medicaid Services can give you the key to finally switch and change your insurance plan at any given time, excluding the first week of December. The policyholder is given a chance to switch or change their plan once a year, and it starts every first day of the month.
Special Enrolment Period
There are given situations where an insurance company allows the insurer to switch coverage. Listed below are as follows:
It is almost impossible to switch or change your medicare advantage plan. Unless you are willing to drop your current insurance or jump to another one, it would not be possible. But, there is only a certain period where you can jump to another plan or situation that gives you a chance to switch coverage.
At Medicare Supplement Store, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. You can get more information about our products and services by calling our agency at (732) 252-8828. Get your free quote today by CLICKING HERE. Any coverage discussed is not guaranteed. Please contact us today to go over your policy to ensure your needs are met! We are here and happy to help.