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How to Sign Up for Medicare Advantage after Open Enrollment

If you missed the window to enroll in a Medicare Advantage Plan or discovered that Original Medicare might not meet all of your needs, you will have another opportunity to change or enroll in a Medicare Advantage Plan from January 1, 2019, until March 31, 2019.

Medicare Advantage Plans

For many people, Original Medicare can be a cumbersome way to receive benefits. Often, it’s recommended that recipients of Medicare purchase a Medicare Supplement Plan to help with the gaps in coverage left by Medicare Parts A and B. A Medicare Part D Plan is also suggested to assist with prescription drug costs. Typically, a Medicare Advantage Plan can combine the benefits of Original Medicare and prescription drug coverage in one policy.

Medicare Advantage Plans are private plans that operate through contracts with the Federal government. Participating providers are paid a fixed per person amount to provide Medicare benefits. To enroll in a Medicare Advantage Plan, you must pay the Medicare Part B premium, and in some cases, you may also pay an additional premium for the private plan.

Options You Have During the New Open Enrollment Period

If you missed the Dec 7 deadline, you might not be left out. Eligible persons will have another opportunity to make changes to existing plans during the new Medicare Advantage Open Enrollment Period for 2019. This is when those who already have a Medicare Advantage Plan have the chance to do the following:

  • Switch to a different Medicare Advantage Plan.
  • Drop the Advantage plan for Original Medicare Part A and Part B, with the ability to enroll in a separate prescription drug plan, Part D.
  • If you enrolled in a Medicare Advantage Plan during your Initial Enrollment Period, you can change back to Original Medicare or another Medicare Advantage Plan if you are within the three-month window of having Medicare.

Changing plans is easy, once you enroll in the new plan, you will be dropped from the old one.

Other Enrollment Considerations

If you missed the December 7th deadline and you are looking to enroll for the first time or make changes to an existing plan, you want to look at the different options available and make an informed decision. However, if you don’t act by March 31, you will have to wait for the next Open Enrollment Period or qualify for the Special Enrollment Period (SEP). These are activated if:

  • You move to a new address, and your plan is no longer available in your new area.
  • You lose current coverage like Medicaid or Employer Group coverage.
  • Medicare changes or terminates your plan.
  • You are eligible for both Medicare and Medicaid.

To learn more about the options available if you miss this year’s Open Enrollment Period, contact the professionals at 1-844-236-0228. Our licensed insurance experts will be happy to answer any questions you have.