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So you’ve got a Medicare Supplement insurance plan, and you’ve heard about a different one. “Can I change Medicare Supplement insurance plans anytime?” you might be asking. The answer is “Maybe” – it depends on your situation. As you may know, Medicare Supplement (Medigap) insurance plans are different from Medicare plans. They’re designed to supplement your Original Medicare (Part A and Part B) coverage by paying for certain out-of-pocket costs. For example, a Medicare Supplement insurance plan may pay your coinsurance or copayments from Medicare Part A and Part B. Some Medicare Supplement insurance plans may cover Part A and/or Part B deductibles*, and more. Why might I want to change Medicare Supplement plans?You might be happy with your current Medicare Supplement insurance plan. But there are some situations where you might want to change plans. Here are a few examples:
Every standardized Medicare Supplement insurance plan with the same lettered name has the same basic benefits no matter where you buy the plan. For example, every Medicare Supplement Plan A (not to be confused with Medicare Part A) includes the same basic benefits. So, if you have Medicare Supplement Plan A (or any letter), and you see a plan of the same name being sold by a different insurance company, the basic benefits will be the same. Please note that Massachusetts, Minnesota, and Wisconsin have differently standardized plans.
When can I change Medicare Supplement insurance plans?One interesting feature of Medicare Supplement insurance plans is that you can apply for a plan anytime – you only need to be enrolled in Medicare Part A and Part B. However, a plan doesn’t have to accept your application, unless you have guaranteed-issue rights. The same is true if you want to change Medicare Supplement insurance plans. Guaranteed-issue rights mean that when you apply for a Medicare Supplement insurance plan – whether you’re changing plans or buying one for the first time – you can’t be turned down if:
Can you change Medicare Supplement plans anytime?Suppose you have a Medicare Supplement insurance plan, and you want to switch plans outside the OEP described above. In most cases the insurance company can review your medical records and consider your health condition. They can charge you a higher premium or even refuse to accept you as a member. Certain situations might give you guaranteed-issue rights to change Medicare Supplement insurance plans. There are several situations when you might have guaranteed-issue rights. Here are a few of them:
Remember, this list is just a few examples. If you want to change Medicare Supplement insurance plans, you can call the insurance company and ask. Changing Medicare Supplement plans: the free look periodDid you know that you may get a “free look period” when you change Medicare Supplement insurance plans? When you switch from one Medicare Supplement insurance plan to another, you typically get 30 days to decide if you want to keep it. This 30-day free look period starts when you get your new Medicare Supplement insurance plan. You’ll need to pay the premiums for both your new plan and your old plan for one month. How can I change Medicare Supplement insurance plans?To change Medicare Supplement insurance plans, call the insurance company that’s selling the plan you want. If they accept your application, call your current Medicare Supplement insurance company and ask how to end your coverage with your current plan.
*Medicare Supplement insurance plans that may cover the Medicare Part B deductible – Plan C and Plan F – will eventually be discontinued. You can’t buy Plan C or Plan F if you didn’t quality for Medicare before January 1, 2020, If you qualified for Medicare before that date, you may be able to buy Plan C and Plan F. You typically won’t have to give up Plan C or Plan F if you have it already. If you’d like some help changing Medicare Supplement insurance plans, feel free to contact a licensed eHealth insurance agent at the phone number below. The product and service descriptions, if any, provided on these eHealth web pages are not intended to constitute offers to sell or solicitations in connection with any product or service. All products are not available in all areas and are subject to applicable laws, rules, and regulations. Can you switch from one Medicare Supplement plan to another without underwriting?During your Medigap Open Enrollment Period, you can sign up for or change Medigap plans without going through medical underwriting. This means that insurance companies cannot deny you coverage or charge you more for a policy based on your health or pre-existing conditions.
Is it possible to get a Medicare Supplement plan with no underwriting?Sometimes you can join a Medigap plan after the Medigap Open Enrollment Period without undergoing a medical underwriting review. For example, if you're enrolled in a Medicare Advantage plan and the plan leaves the Medicare program, you might have a “guaranteed-issue right” to a Medigap plan.
Can I change to a different Medicare Supplement plan?You can either change to a standardized Medicare Supplement insurance plan with the same or fewer basic benefits than your current plan, or buy any Medicare Supplement Plan A, B, C*, F*, K, or L. You've had your current Medicare Supplement insurance plan for less than six months.
Can you switch from plan F to plan G without underwriting?Yes, you can. However, it usually still requires answering health questions on an application before they will approve the switch. There are a few companies in a few states that are allowing their members to switch from F to G without review, but most still require you to apply to switch.
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