Medicare Advantage Disenrollment Period
New Disenrollment Period Runs Jan 1-Feb 14
MedicareSolutions urges beneficiaries with Part C Medicare Advantage plans to review their options during the Medicare Advantage Disenrollment Period, part of the Affordable Care Act of 2010. This is the only time period where members can drop their Medicare Advantage plans, return to Original Medicare and pick up a standalone Prescription Drug Plan. The Annual Enrollment period for 2016 ends on December 7. The Medicare Advantage Disenrollment Period ends February 14.
Medicare Advantage Disenrollment Period Options:
From January 1 through February 14, you have the following options:
- Make no changes and stay with your current plan.
- Disenroll from your Medicare Advantage Plan and return to original Medicare Parts A and B. If you need Prescription Drug coverage you can then enroll in a Part D Prescription Drug Plan.
- Members who have a separate Prescription Drug Plan, but are not enrolled in a Medicare Advantage plan may not make any change to their current Prescription Drug Plan and may not enroll in a Medicare Advantage plan.
For Those Without a Medicare Advantage Plan:
Medicare recipients not enrolled in any Part C Medicare Advantage plan are not allowed to make changes in their Medicare coverage, unless they choose to purchase a Medicare supplement plan. Those who are leaving their Medicare Advantage plan could choose to apply for a Medicare supplement policy providing they qualify under the terms of the policy they wish to purchase. Beneficiaries can enroll in a Medicare supplement policy at any time throughout the year. Medicare supplement plans can cover most gaps in expensive coverage. Some of these plans, offered by private insurance companies, may have plans that offer no underwriting.
You can learn more at Medicare.gov or by calling 1-800-633-4227.