MA Open Enrollment Period | Ends March 31
For Existing Medicare Advantage Members Only
For most Medicare Advantage members, you can change once but that ends on March 31.
If you have received healthcare services, your ‘progress’ towards the annual out of pocket maximum would be set back to zero.
There might still be reason to change. For example, you discover that a physician is out of network, or you decide that a PPO is better for you. A carrier / plan may have enhanced benefits that may fit your specific needs.
You can cancel your membership and return to Original Medicare. I do not believe this is a great idea, without securing Medigap coverage first. If you do not, then you risk not having a maximum out of pocket limit, if your Medigap application is refused. You cannot rejoin any Medicare Advantage plan after March 31st, unless you separately qualify for a Special Election Period which allows an enrollment into a Medicare Advantage plan.
Important note: Agents / brokers are not allowed to reach out in order to encourage you to change plans.
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