Medicare Answers: Changing Medigap Plans and Guarantee Issue Rights

  • Originally published December 10, 2012 , last updated December 23, 2014
  • Medicare
Medicare Answers: Changing Medigap Plans and Guarantee Issue Rights

If you have a Medicare question you’d like answered, email it to AskRoger@SeniorMarketSales.com.

This week's question asks if changing Medigap policies to another carrier is affected by the open enrollment period for Part D and Medicare Advantage.

Ken Asks,

Other than an insured’s initial guaranteed open enrollment period in a Medigap policy, is there any other time when there are no health questions asked to move to another Medigap policy with a different carrier? Changing Medigap policies to another carrier is not affected by the current open enrollment period for Drug and Med Advantage, is it?

We often think of the initial enrollment period as the only Guarantee Issue situation. Specifically, I think you might be asking because of the recently ended AEP. For most purposes the AEP is all about changing Prescription Drug Plans and Medicare Advantage. The AEP does not grant any Guarantee Issue situations for Medicare Supplement per se', although the Trial Right period is often exercised during this period as it was 12 months before the client left a Medicare Supplement to join a Medicare Advantage plan. For all of the Guarantee Issue situations, please read this document about Guarantee Issue rights.