Call (714) 770-8207 to speak with a licensed insurance agent.

Call (714) 770-8207 to speak with a licensed insurance agent.

Medicare Advantage Open Enrollment Has Begun

Posted by Sandi Crawford, January 9, 2023

Hopefully, you were able to evaluate your Medicare plan and make the necessary changes during the Annual Election Period in the fall. But if you overlooked that opportunity, or you’ve enrolled in a Medicare Advantage plan and are now having second thoughts, you have another chance to change your plan during Medicare Advantage Open Enrollment from January 1 to March 31.

Here’s what you need to know.

If you’re currently enrolled in a Medicare Advantage plan, you can talk to a broker about any concerns you have regarding the plan’s benefits, networks, your out-of-pocket expenses, or anything else. You can then review your current plan to other Medicare Advantage plans available in your area.

If you find another Medicare Advantage plan that you feel is a better fit for you, you can drop your current plan and opt into the new one.

Your other option is to drop out of Medicare Advantage entirely and go back to Original Medicare (Medicare Parts A and B). Remember, Medicare Part A (hospitalization insurance) is free to most people, whereas Part B coverage comes at a monthly premium. You can access any providers that accept Medicare, but you will lose additional benefits that are often wrapped into a Medicare Advantage plan. Copayments and deductibles work differently under Original Medicare, too.

If you do return to Original Medicare, you can add a Part D (prescription) plan. Make sure to review the plan’s formulary, or list of covered drugs, carefully to be sure your important prescriptions are covered.

There’s one thing you can’t do during Medicare Advantage Open Enrollment: Those enrolled in Original Medicare can’t change over to a Medicare Advantage plan. If you wish to do that, ask our brokers if you might qualify for a Special Enrollment Period. Otherwise, you will need to wait until the Annual Election Period which opens October 15.

Remember, assistance with your Medicare plan decisions is always free.

 

Need more information?

Contact us online to learn more

Contact Us

Close Accessibility Tools
Accessibility Controls Reset
Content Adjustments
Font Size

Default

Line Height

Default

Content Scaling

Default

Highlight Titles
Highlight Links
Highlight Forms
Align Left
Align Center
Align Right
Focus Mode
Color Adjustments
Desaturate
Monochrome
Contrast

Default

Saturation

Default

Accessibility Statement

Despite our attempts to make this website accessible for everyone, there may still be some pages or sections that are not completely accessible, are in the process of becoming accessible, or do not have a suitable technological solution to make them accessible. Nevertheless, we are always striving to enhance our accessibility by adding, updating, improving its options and features, and incorporating new technologies.

We want to provide our users with the best experience possible, so we strive to support as many browsers and assistive technologies as possible.

If you wish to contact this website's owner, please use the contact form on the website.

Our User Interface Adjustment Options

Font adjustments - With this tool, users can modify font size, style, letter spacing, and line height for improved alignment and readability.

Color adjustments - Users can customize their color contrast profiles to light, dark, desaturated, and monochrome.

Content highlighting - Users can prioritize key elements such as links, forms, and titles.

Content focus - Users can enable focus mode to highlight the current page information based on their mouse movement.

Close