Is it easy to change Medicare plans?

Asked by: June Bernhard  |  Last update: January 5, 2026
Score: 4.3/5 (69 votes)

Medicare provides certain time periods when you can change Medicare plans. The main one is the Medicare Annual Enrollment Period, which runs from October 15 to December 7 each year. Anyone on Medicare can make coverage changes during this time that then go into effect the following year.

Is it hard to switch Medicare plans?

You can switch if an insurer is willing to sell you a new Medigap policy. If you have the right to switch, you may have to wait up to 6 months before any new benefits or your pre-existing condition will be covered.

Is there a penalty for switching Medicare plans?

There is no penalty for switching from Medicare Advantage to Original Medicare. And, if you decide you want to switch again, there's also no penalty to switch from Original Medicare to Medicare Advantage. You can switch between the two types of coverage as many times as you want.

What is the time period for changing medicare plans?

The annual Medicare open enrollment period runs from October 15th to December 7th each year (Figure 1). During this time, people with Medicare can review features of Medicare plans offered in their area and make changes to their Medicare coverage, which go into effect on January 1st of the following year.

Why are people leaving Medicare Advantage plans?

But there are trade-offs. Medicare Advantage plans often have a limited network of hospitals and physicians. And while the premiums are typically low, enrollees could end up paying more in the long run in copays and deductibles if they develop a serious illness.

*Real Cost Example* Medicare Supplement Plan G vs High Deductible Plan G vs Medicare Advantage Plan

39 related questions found

Why are seniors losing Medicare Advantage plans?

Health systems and hospitals are also making the decision to cancel contracts due to excessive prior authorization denial rates and slow payments from insurers. Already 27 health systems have canceled their Medicare Advantage contracts this year.

Can I drop my Medicare Advantage plan and go back to original Medicare?

Medicare Advantage Open Enrollment Period: Between January 1 and March 31 of each year, if you already have a Medicare Advantage Plan (with or without drug coverage) you can: Switch to another Medicare Advantage Plan (with or without drug coverage). Drop your Medicare Advantage Plan and return to Original Medicare.

Why do people say not to get a Medicare Advantage plan?

Disadvantages of Medicare Advantage plans can include difficulty switching out of the plans later, restrictions on care access, limited provider networks, and limitations on extra benefits.

Which company has the best Medicare Advantage plan?

Best Medicare Advantage Plans for 2025
  • Best Overall, Best for Low Costs: Cigna.
  • Also Great for Low Costs: Alignment Health.
  • Best for Nationwide Coverage: Aetna.
  • Best for Patient Experience, Best for Drug Coverage: Kaiser Permanente.
  • Best for Special Needs Plans: Humana.

Can I drop my employer health insurance and go on Medicare Part B?

Once you stop working (or lose your health insurance, if that happens first) you have an 8-month Special Enrollment Period (SEP) when you can sign up for Medicare (or add Part B to existing Part A coverage).

What is the biggest disadvantage of Medicare Advantage?

The biggest disadvantage of Medicare Advantage is that you have fewer doctors to choose from when you get medical care.
  • Plans can also cost more overall than Original Medicare if you have complex medical needs. ...
  • With some plans, you don't have any coverage if you use a doctor that isn't in the network.

How do I get my Part D penalty waived?

You should complete the appeal form you received from your plan, attach any evidence you have, and mail everything to:
  1. C2C Innovative Solutions Toll free fax: (833) 946-1912.
  2. Part D LEP Reconsiderations Customer Service: 833-919-0198.
  3. PO Box 44165.

What income is used to determine Medicare premiums?

This is based on your "modified adjusted gross income" (MAGI). Your MAGI is your total adjusted gross income and tax-exempt interest income.

What are the top 5 Medicare supplement plans?

💬 From our Nerds: What are the top five Medicare supplement plans? "Based on NerdWallet's Medigap rubric, I picked five best Medicare Supplement Insurance companies for 2025: AARP/UnitedHealthcare, Mutual of Omaha, State Farm, Anthem and Blue Cross Blue Shield.

What is the Medigap birthday rule?

Q: What is the "Birthday Rule" and how does it apply to the new Medigap Plans? A: If you already have Medigap insurance, you have 60 days of "open enrollment" following your birthday each year when you can buy a new Medigap policy without a medical screening or a new waiting period.

Why is Humana losing Medicare Advantage plans?

To protect profits, Humana and its peers in MA slashed their plans for 2025, cutting benefits and exiting underperforming markets. Plans appear to have focused cuts around supplemental benefits like over-the-counter and flex cards, which give seniors funds to spend on eligible items.

What is the best medicare plan that covers everything for seniors?

Original Medicare with Medigap likely offers the most comprehensive coverage, but it may also be the most costly. A person can consider their income and how much they are able to spend before choosing a Medicare plan. Original Medicare with Medigap also offers a lot of flexibility when choosing a doctor or specialist.

What is the disadvantage of UnitedHealthcare?

Cons About UnitedHealthcare Medicare Advantage

You may only have access to certain HMO or PPO plans in your area. And while UnitedHealthCare has competitive pricing, your location may only have access to plans with higher deductibles, more copays, and fewer additional benefits.

What are the 6 things Medicare doesn't cover?

Some of the items and services Medicare doesn't cover include:
  • Eye exams (for prescription eyeglasses)
  • Long-term care.
  • Cosmetic surgery.
  • Massage therapy.
  • Routine physical exams.
  • Hearing aids and exams for fitting them.

Why are hospitals refusing Medicare Advantage plans?

Among the most commonly cited reasons are excessive prior authorization denial rates and slow payments from insurers. In 2023, Becker's began reporting on hospitals and health systems nationwide that dropped some or all of their Medicare Advantage contracts.

Why is a Medicare Supplement better than an Advantage plan?

The biggest difference between Medicare Supplement Insurance, also known as Medigap, and Medicare Advantage is that with a Medigap plan, you have the freedom to see any doctor that accepts Medicare. With Medicare Advantage, you generally must get care within the plan's network of providers.

What is the biggest problem with Medicare?

The biggest challenges reported by those in Traditional Medicare and Medicare Advantage: Out-of-pocket medical costs and health services they needed but weren't covered. “The gaps in Medicare coverage can really be notable,” says Jacobson.

What are the negatives of a Medicare Advantage Plan?

Key Disadvantages of Medicare Advantage plans
  • Restrictive networks. ...
  • High out-of-pocket costs. ...
  • Prior authorization requirements. ...
  • Plans change each year. ...
  • Aggressive marketing and sales tactics. ...
  • Know your Medicare Insurance options. ...
  • Consider current and future needs.

Are there any 5 star Medicare Advantage plans?

"There isn't one Medicare Advantage plan that's the highest-rated; there are multiple plans that get an overall rating of 5 stars, which is the highest rating from CMS.