Medicare Answers: Why Is the MADP So Important for Clients?

  • Originally published January 6, 2014 , last updated December 23, 2014
  • Medicare
Medicare Answers: Why Is the MADP So Important for Clients?

This week’s Medicare Answers addresses what the Medicare Advantage Disenrollment Period (MADP) is and why it can be so important for some of your clients. If you have a Medicare question, email AskRoger@SeniorMarketSales.com.

Gary asks:

Just read the information on the Medicare Annual Disenrollment Period. Why is this time so important? I thought anyone outside their open or special enrollment period had to answer the med questions. Is that still true, or is there some special something I am missing?

Dear Gary,

I guess it’s special because it gives people who changed from a Medicare Supplement plan during the Annual Election Period — called Open Enrollment Period this year — a chance to go back to original Medicare. Why would they want to go back to original Medicare? They might have discovered that their doctor is not in their particular Medicare Advantage program, so they might prefer original Medicare with a Medicare Supplement. Maybe they signed up for an MAPD plan and their drugs were not covered as they expected. Here again, they can sign up for a Medicare Supplement and a new Part D. It is true that they will have to go through the underwriting process — and be healthy enough to withstand underwriting.

For those unfamiliar with the MADP, it runs Jan. 1 through Feb. 14. If you are enrolled in a private Medicare Advantage plan and decide to leave the plan, you can chose to return to original Medicare. You will also be able to enroll in a Part D (drug plan) during that time period, only if you are returning to original Medicare. You cannot, however, switch to another Medicare Advantage plan or another prescription drug plan at this time — those changes can be made in the fall of 2014.