Medicare Enrollment Rules
Prescription Drug Plans and Medicare Advantage Plans are regulated at the Federal Level and follow federal rules.
Medicare Supplement Plans are regulated at the state level and follow State rules.
Presciptions Drug Plans and Medicare Advantage Plans
Annual open enrollment - 10/15 - 12/7 (make as many changes as you want the last one is the permanent one) .. Make sure you send me an up to date drug list each October if your drug mix has changed. ............................. You can move to a Five Star plan once each year.
New to Medicare - Three months before your Medicare start month through the third month after your Medicare start month. (you are allowed one selection)
Special Election Periods - many qualifying events such as leaving an employer plan or losing coverage involutarity or moving out of the service area are the three most common (you have two months to enroll)
There are a few other Special rules but best to learn about them when the situation arrises to avoid confusion. Or you can give me a call and I can give you a run down on them.
Medicare Supplement Plans
Open enrollment is triggered by starting part B of Medicare ........................................................................................ You have the Six months before your part B start date through the six months ending after your Medicare part B start date. (you can change plans at will during this period)
Involutary loss of coverage - If you lose coverage no fault of your own (many scenarios) you have 63 days to join a Medicare Supplement plan with no medical underwriting.
Birthday Rule - 30 days starting from your birthday (Oregon, California) effective date must be the first of the month after application - guaranteed issue - they have to take you and have to pay for you. (Same to Lesser Coverage) ............................................................................................................................................................... Washington has a rule you change change from same to lesser coverage any time you want.
To Contact Us:
Greg Giles, CLU LUTCF RHU ......................................................................................................................................... 2613 SW Brooklane Dr - Corvallis, OR 97333 .................................................................................................................. (541) 752-0577 .......... (800) 809-1378 .......... (541) 752-0588 FAX .................................................................. medsupguy@gmail.com............ gilesfinancial@msn.com
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Craig Blair ........................................................................................................................................................................ 7958 Mykala St. NE, Keizer, OR 97303
Office (503)393-2793 ........... (844)393-2793 ..................................................................................... medicareguy@outlook.com
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Derek Finken ........................................................................................................................................................................... PO BOX 366 - MIssouri Valley, IA 51555 ....................................................................................................................... (712) 642-2303 .......... (844) 786-4865 .......... (844) 786-4867 FAX ..................................................... tmedsupguy@gmail.com..........dmedsupguy@gmail.com