Want to Change Your Medicare Supplement Plan?

Want to Change Your Medicare Supplement Plan?

05/31/2012 There is much confusion surrounding when changes to an existing plan can be made. Let me clear-up one very common misconception- if you have a Medicare Supplement Plan, also known as Medigap plan, you are able to make a change anytime during the year. The Annual Enrollment Period that occurs at the end of the year- this only applies to Medicare Advantage Plans and Part D Prescription Plans. So, if you have a Medigap Plan, and you are unhappy with it, or you received a significant rate increase, you are able to change plans or companies at any time.  There is one caveat, however. Depending on the carrier, you will probably have to go through health underwriting. You will need to answer health questions, and you could potentially be turned downed if you are in poor health. Do you have a Medicare Supplement Plan? Have you received a significant rate increase? Call (215) 658-1776 to discuss!

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