Medicare Advantage Open Enrollment Period: Expert Insight
The Medicare Advantage Open Enrollment Period runs from Jan. 1 to March 31 in 2025. This time offers existing plan members a chance to make a change to another Medicare Advantage plan or return to Original Medicare. However, new enrollments are not permitted during this time.
Jae Oh, author of "Maximize Your Medicare" joins Robert Powell, Editor of Retirement Daily to discuss the Medicare Advantage Open Enrollment Period. Oh explains that members may consider switching plans due to network issues, drug coverage discrepancies, or the need for enhanced dental and vision benefits. Oh advises caution when considering plan changes, noting that members should initiate switches themselves and be wary of unsolicited calls promoting plan changes.
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Oh also highlights the importance of securing acceptance for Medigap or Medicare supplement before transitioning back to Original Medicare. Order matters, he advises.
Be sure to watch the video above for the full details!