Medicare Advantage Disenrollment Period Is Now
Every year, thousands of Medicare beneficiaries enroll in Medicare Advantage plans during the fall Annual Election Period. With low premiums and ancillary "extras" built in, these plans on paper appeal to many individuals. However, in all the election period excitement, people sometimes overlook aspects of Medicare Advantage coverage that are important. All too often, January rolls around and they find themselves locked into a plan that they no longer want.
Fortunately, Congress created a special disenrollment window to address this very problem. Every winter from January 1st to February 14th, Medicare beneficiaries can disenroll from their Medicare Advantage plan with no questions asked. When they disenroll, they are returned to Original Medicare and allowed to add on a standalone Part D drug plan as well.
Common reasons for plan dissatisfaction are drug formularies and doctor networks. Most Me...
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