In this FAQ video, Robert Bache explains your Medicare coverage options. Watch the video and discover the two Medicare options you can choose during your annual open enrollment.
Medicare Open Enrollment
Medicare Open Enrollment also called the Annual Election Period, occurs from October 15 through December 7. According to CMS, this is a period when “all people with Medicare can change their Medicare health plans and prescription drug coverage for the following year.” Why change your Medicare plan?
3 Reasons to Change your Medicare Plan
You may want to change your Medicare plan for the following reasons:
- The Medicare Plan is changing – coverage, costs, or service.
- You have health issues and want better coverage.
- You want a better plan now because you can medically qualify for it.
Do you know you must pass medical underwriting whenever you want to switch your Medicare Plan? Furthermore, a Medicare Advantage or Supplement insurance company can deny coverage change. So if you want to upgrade from a Medicare Advantage Plan to a Supplement Plan, you may not medically qualify.
When to change your Medicare Plan?
The best time to change your Medicare plan is when you are healthy enough to pass medical underwriting. Even if you do not need better coverage now, it makes sense to upgrade your Medicare Plan early, so insurance carriers will not deny you later. When can I change my Medicare Advantage plan?
When can I switch from Medicare Advantage to Medigap?
You can switch from Medicare Advantage to Medicare Supplement Plan two times per year. During the Annual Election Period, you can change to a different Medicare Advantage Plan or switch from Medicare Advantage to Medigap Plan. Discover the other Medicare Advantage enrollment period.
When can I switch my Medicare Supplement Plan?
You can switch to a different supplement insurance company to save money during Medicare Open Enrollment. Furthermore, you can switch to a different lettered supplement plan during the same Annual Election Period. Discover another time when you can buy a Medicare Supplement Plan.
Your Medicare Coverage Options
The licensed agents at Senior Healthcare Direct are happy to help you choose the Medicare Plan that best suits your needs. Our agents can compare plan prices with many carriers, so you get the best price. Moreover, our agents can suggest insurance providers who accept your health conditions, so your application gets approved. Call us at 1-855-368-4717 or get your quote.