Welcome Medicare Nation! It’s tax season! Today is April 15th and it’s the dreaded tax deadline day! It’s this time of year that people realize they need to make some changes to their Medicare plan. However, many people don’t realize that you can’t just make changes anytime you want to a Medicare Advantage Plan. There are specific times that you can make changes, and then you have to live with them until the opportunity arises to make changes again.
Here’s quick guide to making changes to your Medicare Advantage Plan:
That Special Election for Medicare Advantage is what we want to focus on today. There are certain circumstances that can qualify you to have this option.
Moving Your Residence:
You have a chance to get other coverage:
When there are plan changes with Medicare Contracts:
Dual Member (Medicare and Medicaid)
If an error was made by a federal employee when you signed up for Medicare, and you can prove it, you may be granted an SEP.
*****You cannot get an SEP because your Doctor left the network********
If you have a Medicare Supplement - a Medigap plan, you can change plans whenever you want because there is no SEP.
If you have a chronic illness, cancer, cardiovascular disease, a plan does not have to take you after your first year of enrollment. You need to be careful and make sure you are going to be able to get coverage when you change plans. The other company might not take you due to pre-existing conditions and your old plan may not take you back. They can discriminate due to pre-existing conditions.
The price of these plans do change as you age, so keep that in mind.
Part A, B and D - you are on all the time, so you don’t make changes unless it is open enrollment or an SEP.
www.callsamm.com - has all of this information available for you.
Do you have questions or feedback? I’d love to hear it!
I may answer one of your questions on the air!
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Find out more information about Medicare on Diane Daniel’s website!