Medicare Advantage Disenrollment Period (MADP)
Between January 1st and February 14th of each year the annual Medicare Advantage Disenrollment Period takes place. During this is the 45-day period recipients are able to make certain changes to their current coverage. Any changes that the recipient makes will go into effect the first day of the following month. For example, if a receipt makes a change to their policy on January 20th, their coverage with that new change will begin February 1st.
Here are some of the MADP FAQs:
Question: What Changes Can I Make to My Coverage During MADP?
Answer: If you are currently enrolled in a MA Plan with or without Prescription Drug Coverage, you are able to switch to an Original Medicare plan with or without a prescription drug plan.
If you are currently enrolled in a Medicare Private Fee-For-Service (PFFS) plan that does not have prescription drug coverage and a stand-alone prescription drug plan (MA and PDP) you can switch to an Original Medicare but you cannot cancel your current PDP.
If you are currently enrolled in a MA Plan and have a separate stand-alone drug plan (PDP), then you can switch to Original Medicare but cannot make changes to any stand-alone drug plans.
If you are currently enrolled in an Original Medicare or Original Medicare and a prescription drug plan you cannot make any changes or switch your plan during this period.
- Please note that any recipients who lose or have lost their prescription drug coverage should enroll into a PDP as soon as they are able too. Otherwise that recipient may be charged with an late enrollment penalty and have higher out of pocket medication costs.
Question: Can I Switch to Another Medicare Advantage Plan During MADP?
Answer:You cannot switch to another Medicare Advantage Plan during MAPD. However, you can switch during the Annual Enrollment Period (AEP), which is open annually between October 15th and December 7th.
- Please note that you may be subject to medical underwriting that could have an affect on your plan costs and coverage when deciding to make changes to your MA Plan during this period.
Question: Can I Enroll in a Part D Prescription Drug Plan During MAPD
Answer:Yes you can enroll into a Part D Prescription Drug Plan During MAPD if you disenroll from a MA Plan with or without prescription drug coverage. This enters you into the Special Enrollment Period (SEP) and makes you eligible to join a Part D Prescription Drug Plan as along as it is within the MAPD 45-day period.
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