New Open Enrollment Period for Medicare Advantage
Some people say “Medicare Open Enrollment” to describe the new Medicare Advantage Open Enrollment Period. Whether you call it Medicare Open Enrollment or not, this new open enrollment period gives you another chance to make some changes to your Medicare coverage.
What’s the new Medicare Advantage Open Enrollment Period?
The new Medicare Advantage Open Enrollment Period is somewhat limited in terms of what you can do. It’s not for everything you might expect from a Medicare open enrollment period. This enrollment period is mainly for certain Medicare Advantage changes.
When is the new Medicare Advantage Open Enrollment Period?
The new “Medicare Open Enrollment” (Medicare Advantage Open Enrollment Period) runs from January 1 through March 31 every year, starting in 2019.
What changes can I make in this Medicare Advantage Open Enrollment Period?
When Medicare Advantage open enrollment happens each year, in most cases you can make any of the following coverage changes:
- Change from one Medicare Advantage plan to another
- Drop your Medicare Advantage plan, and return to Original Medicare (Part A and Part B)
- Sign up for a stand-alone Medicare prescription drug plan, if you drop your Medicare Advantage plan and return to Original Medicare
If you signed up for a Medicare Advantage plan during your Initial Coverage Election Period, you may have a chance to change to a different Medicare Advantage plan. Starting the month you’re eligible for Medicare Part A and Part B, you’ll generally have three months to switch plans.
If you don’t already have a Medicare Advantage plan, you can’t typically enroll in one during this Medicare Advantage Open Enrollment Period.
New Medicare Advantage Open Enrollment Period: how many changes can I make?
During new Medicare Advantage Open Enrollment Period, you can generally only change plans once in a given year.
Also, please note that this enrollment period doesn’t apply to other Medicare health plans, such as Medicare Savings Plans or Medicare Cost Plans.
How do I know if I want to change Medicare Advantage plans?
Only you can make this decision. Are you satisfied with your current coverage under your Medicare Advantage plan?
If you’re thinking about making a change to your Medicare coverage, like switching plans, it’s easy to compare Medicare Advantage plans that serve your area. You just enter your zip code in the box on this page and click the button to display a list of plans. You can even enter your prescriptions to see if a plan may cover them.