Q: I don’t think I have the right Medicare Advantage Plan for me. I’ve been told that the Annual Enrollment Period is the only time I can make changes to my plan. What can I do now?
A: It is correct that the Annual Enrollment Period (October 15 – December 7) has ended for 2017. You do still have some options, depending on your situation.
The Annual Disenrollment Period will take place January 1 – February 14, 2018. During the Disenrollment Period, you can leave your current Medicare Advantage plan and switch to Original Medicare.
If you switch to Original Medicare during this time, you’ll have until February 14 to join a stand-alone Medicare Prescription Drug Plan if your Medicare Advantage plan included drug coverage. Your new drug coverage would begin the first day of the month after the plan receives your enrollment form.
Some examples of what you cannot do during the Disenrollment Period include:
Switching from Original Medicare to a Medicare Advantage Plan
Switching from one Medicare Advantage Plan to another
Switching from one Medicare Prescription Drug Plan to another
Joining, switching, or dropping a Medicare Medical Savings Account (MSA) Plan.