The Open Enrollment Period is the time each year when you can make changes to your Medicaide Advantage Plan, if you want to. If you don’t take advantage of this window, you may not be able to change your plan for the following year, and may have to pay more for your coverage.
What is the Medicaide Advantage Plan?
If you missed the open enrollment period for changing your Medicaide Advantage plan, you can still change your plan without penalty. The deadline to make changes to your plan was November 15, but you can change your plan any time after that. You will not be charged a late enrollment fee, and you can continue to take all of the benefits of your current plan while you are working to choose a new one.
To make a change to your Medicaide Advantage plan, call 1-800-MEDICARE (1-800-633-4227) or go to medicare.gov/medicaidadvantageplan and follow the prompts. You can also use the Medicare Plan Finder tool on medicare.gov to find a plan in your area.
What Happens if I Miss the Open Enrollment Period?
If you missed the open enrollment period for changing your Medicare Advantage plan, there are still some options available to you. You can continue your current plan, switch to a new plan, or cancel your coverage entirely.
If you want to stay with your current plan, you’ll need to contact your insurance company and update your information. If you switch to a new plan, be sure to read the fine print and make sure the plan meets your needs and expectations. If you decide to cancel your coverage, make sure to do it before the policy anniversary date in order to avoid any late fees or penalties.
How to Change My Medicaide Advantage Plan?
If you missed the open enrollment period for changing your Medicaide Advantage Plan, there are still a few options available to you. You can change your plan online through the Maryland Health Connection website or by calling 1-800-342-9387. You can also go in person to any of the participating pharmacies.
If you decide to change your plan, be sure to do it before the end of the month so that you have coverage for the upcoming month. If you don’t change your plan before the end of the month, you will be charged an early termination fee.