Last Chance – Medicare Advantage Disenrollment Period (MADP)

Medicare Advantage Disenrollment PeriodThe Medicare Advantage Disenrollment Period is the last chance for those in a Medicare Advantage plan to get out of their plan. This period runs from January 1 through February 14 of each year. During this time period, you can get out of a Medicare advantage plan and return to original Medicare. If you do not take any action of February 14, you are locked into your Medicare advantage plan for the remainder of the calendar year.

If you have a Medicare advantage plan that includes prescription drug coverage, you can also pick up a stand-alone part D plan upon returning to original Medicare. In addition, at the same time, during this Medicare Advantage Disenrollment Period, you can also add a Medigap/Medicare supplement plan at the same time.

This can be an important time for those who are in a Medicare Advantage plan and did not realize the changes that their plan was making for 2015. It is also useful for those who have ongoing medical concerns that may make being in a more comprehensive plan advantageous. Lastly, it can be useful for someone who’s doctor either no longer takes Medicare advantage plans or does not take your particular plan. It is, in essence, a last chance to get out of your current plan for this year.

Medicare advantage plans do change each year. So, it is important to stay apprised of those changes and how they may affect you. Medigap/Medicare supplement plans do not change coverage-wise on a year by year basis. Additionally, these plans do not have networks and are, in general, more flexible across state lines.

To view the coverage chart that shows what Medigap plans cover, you can see it here.

To get more information on the Medicare Advantage Disenrollment Period, or find out whether it makes sense for you to make changes during it, you can contact us at 877. 506. 3378 or via email.

About Garrett Ball

"We discovered Garrett Ball online. Over the years he has saved us thousands of dollars in premiums for both Supplemental Part B and Part D drug policies with his cost comparisons and advice. He is uniquely prompt in responding to our e-mail inquiries and very professional in all areas. Highly recommended for all Medicare needs." - Ron T, IN
" I am so happy to review this company and Garrett Ball, the President. He has helped me through the confusing maze of Medicare, Supplements, and Advantage plans and the plans I am on now have been outstanding. Do not hesitate to contact Garrett Ball. You will not be disappointed. Response time is within 24 hrs., and always with thorough information to help his customers. Even when I have not contacted him for many months, he seems to remember and respond like it was yesterday. Great customer service seems to be hard to find these days, that is why I am so impressed with Secure Medicare Solutions. You will truly find a solution to any of your questions or problems." - Sandy W, SC/FL

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