Medicare Advantage Disenrollment Period (MADP)
Ranked #24,361 in Healthy Living, #347,404 overall
MADP and Medicare Changes in 2011
There are two major changes to the Medicare Enrollment periods in 2011:
- The Annual Enrollment Period (AEP) has been moved from Nov. 15 - Dec. 31 to Oct. 15 - Dec. 7. During this period you may add, change or drop a Medicare Advantage / Prescription Drug Plan.
- The Medicare Advantage Open Enrollment Period (OEP), which ran between Jan. 1 and March 31, has been eliminated. Previously, this enrollment period allowed you to either switch Medicare Advantage Plans or drop the Medicare Advantage Plan and return back to Original Medicare. Instead, there is now the new Medicare Advantage Disenrollment Period (MADP) running from Jan. 1 through Feb. 14. The details of this new disenrollment period are described below.
Disenrollment Options
What are your disenrollment options under the new Medicare Advantage Disenrollment Period? As of 2011, you can now ONLY DISENROLL from the Medicare Advantage Plan. In particular:
- You can disenroll from your current MA-PD (Medicare Advantage with Prescription Drug Coverage) and return back to Original Medicare. In this case you MUST also enroll into a standalone Prescription Drug Plan (PDP).
- You can disenroll from your current MA (Medicare Advantage only, i.e. without Prescription Drug Coverage) and return back to Original Medicare. In this case you CANNOT enroll into a standalone Prescription Drug Plan.
- You CANNOT switch from one Medicare Advantage plan to another.
- If you have Original Medicare or Original Medicare and Part D (PDP), the AEP is NOT applicable to you.
Medicare Supplement
If you return to Original Medicare, you will need to decide whether to buy a Medicare Supplement, also known as Medigap. Medigap is a health insurance policy sold by private insurance companies that help fill in the gaps of Part A and Part B coverage. There are 10 standardized plans, each covering a specific set of benefits. As in Original Medicare, you may use it with any doctor or hospital that accepts Medicare.
However, most insurance companies providing Medicare Supplement will use medical underwriting to decide whether to accept your application (the only exception is if you are covered by the Guarantee Issue Right). To avoid problems with enrollment denial, we recommend getting the help of Medicare professionals, like Medicare-PA-NJ-DE. By dealing with multiple insurance companies and knowing their underwriting policies, we can help you explore your options with Medicare Supplement in Pennsylvania, New Jersey and Delaware.
However, most insurance companies providing Medicare Supplement will use medical underwriting to decide whether to accept your application (the only exception is if you are covered by the Guarantee Issue Right). To avoid problems with enrollment denial, we recommend getting the help of Medicare professionals, like Medicare-PA-NJ-DE. By dealing with multiple insurance companies and knowing their underwriting policies, we can help you explore your options with Medicare Supplement in Pennsylvania, New Jersey and Delaware.
How to Proceed
- If you plan to enroll into Medicare Supplement, you must first get approval from a Medicare Supplement Insurance company. Medicare Supplement Insurance companies usually require a copy of your disenrollment request to the Medicare Advantage Plan.
- If you want to return to Original Medicare and get Part D coverage, just enroll into the PDP plan of your choice. You will automatically be disenrolled from your old Medicare Advantage plan.
CMS Clarification
Recently Centers for Medicare & Medicaid Services (CMS) issued the following MADP clarification. It includes:
- Medigap Rights: Using the MADP does not give the beneficiary guaranteed issue rights under federal law to prevent health-based underwriting of the Medigap policy premium.
- Effective Dates: The effective dates of the MA disenrollment under the MADP and the PDP enrollment under the coordinating Part D special election period (SEP) do not have to be the same. However, the individual must make a Part D election by the end of this SEP or wait until the next valid Part D election period in order to enroll in a PDP.
- Verification of SEP Eligibility: To process a PDP enrollment request made using this SEP, the enrolling PDP will verify the existence of either an MA disenrollment, or an MA enrollment that will be terminated by the PDP enrollment request.
Contact Us
For help finding a Medicare Supplement, Medicare Advantage, and/or a Medicare Prescription Drug Plan contact Medicare-PA-NJ-DE at 877-657-7477. We are licensed independent insurance agency specializing in Medicare insurance. We will help you select and enroll in a Medicare plan that is BEST FOR YOU, and there is NO CHARGE to you for our services.
Latest from the Medicare-PA-NJ-DE blog
Reeder Feedback
-
-
chipiron
Jan 25, 2011 @ 11:46 am | delete
- a good lens. simple and helpful. thanks for the info.
-
-
-
Pastiche
Jan 21, 2011 @ 6:07 pm | delete
- Mom warned me that this would make my head hurt. I think it would be wise to have an expert help me make decisions on Medicare supplemental insurance when I'm old enough to enroll in another 5 years. We welcome this helpful lens to Senior Geek Squids!
-
by medicarepa
Medicare-PA-NJ-DE: Supplement, Advantage, PDP is a local Philadelphia, PA licensed independent insurance agency specializing in Medicare insurance for... more »
- 1 featured lens
- Winner of 7 trophies!
- Top lens » Medicare Advantage Disenrollment Period (MADP)
Feeling creative?
Create a Lens!
Explore related pages
- Insurance Agents are Using Leverage to Finally Succeed! Insurance Agents are Using Leverage to Finally Succeed!
- Medicare Medicare
- Tampa Bay Medicare Agent Tampa Bay Medicare Agent
- Medicare Supplement Plans Medicare Supplement Plans
- The ABC's and D's of Medicare The ABC's and D's of Medicare
- Medicare Advantage Enrollment For 2012 Plans Medicare Advantage Enrollment For 2012 Plans
