Change Your Plan During the Medicare Advantage Open Enrollment Period
Did you know that you can’t switch health insurance plans whenever you want? But during the Medicare Advantage Open Enrollment Period (OEP), which takes place from January 1 to March 31, you can still make changes to your Medicare plan.
Continue reading to find out when you can change your Medicare Advantage plan during the Medicare Advantage Open Enrollment Period. Discover why OEP matters to me and the top reasons why you might want to make a change.
Medicare Advantage Open Enrollment Period (MA OEP)
Enrolled in a Medicare Advantage Plan but now want to change it? Maybe you want to add prescription drug coverage or more comprehensive dental care. Whatever you’re looking to do, the annual Medicare Advantage Open Enrollment Period gives you an opportunity to switch just once from one Medicare Advantage plan to another.
What is the MA OEP?
The MA OEP takes place between January 1st and March 31st each year. This is when those who already have Medicare Advantage can make one change to their coverage, including:
- Switching from one Medicare Advantage plan, with or without prescription drug coverage, to another Medicare Advantage plan, with or without prescription drug coverage
- Dropping Medicare Advantage and reverting back to Original Medicare (and enrolling in a Prescription Drug Plan at this time)
Any changes made to your Medicare Advantage plan coverage during the MA Open Enrollment Period take effect on the first day of the month following the change.
But, what happens if you want to drop Medicare Advantage at any time other than during the MA Open Enrollment Period and revert back to Original Medicare? Your only opportunity to do so is during the Annual Election Period from October 15th to December 7th, unless you qualify for a Special Enrollment Period.
Should You Make Changes During the Medicare Advantage Open Enrollment Period?
It’s not necessary to change plans during OEP – and you’re not obligated to, either. The only important thing to do during the Medicare Advantage Open Enrollment Period is to review your plan’s coverage and decide whether or not you want to make a change.
To help you make a decision, consider the following
- Can I still see my preferred doctors?
- Can I lower my out-of-pocket costs?
- Have there been any changes to my medical needs?
- Is the service I’ve received from my plan satisfactory?
If you think a change is necessary based on your answers to the questions above, you should consider talking to a licensed sales agent who can guide you through the plan choices available in your area.
What to Look for in a New Medicare Advantage Plan
If you’re going to take advantage of switching during the MA Open Enrollment Period, you’ll want to ensure any new plan:
- Has benefits at least as good as (and ideally, better than) your current plan
- Is accepted by your preferred doctors
- Covers any important medications you’ll need
- Offers any additional benefits – like dental, hearing and vision care
Once you’ve made your decision – on your own, or with help from a trusted and experienced licensed sales agent – you may be ready to make the switch. Remember, you can always change your Medicare Advantage plan again during the next Annual Election Period, Medicare Advantage Open Enrollment Period, or a Special Enrollment Period if you qualify for one.
Need Help With Your Medicare Open Enrollment Period?
Use our online plan finder and comparison tool to find the Medicare Advantage plan for you. Simply enter your zip code to get started, or call to speak with one of our dedicated, fully licensed sales agents at 877-406-1753 or TTY 711 with any questions.
Call a licensed sales agent at
877-406-1753 or TTY 771
Mon – Fri 5am – 6pm PT | Sat 5am – 5pm PT | Sunday Closed
Find a plan
Get plan recommendations
Compare your current Medicare plan to our recommendations – then choose the plan that gives you more of the things you want.