Is it Possible to Switch from Medigap to Medicare Advantage?
Switching from Medigap to Medicare Advantage is possible, and it may be a smart move for some Medicare-eligible seniors. Medigap can be more expensive than Medicare Advantage, so if you find it hard to afford the premiums, MA can save you money monthly.
The best time to make this switch is during the Open Enrollment Annual Election Period, which runs from Oct 15th to Dec 7th. By enrolling in an MA plan during this time, your coverage will begin on Jan 1st of the following year.
If you’re undecided between Medigap and Medicare Advantage, we recommend starting with Medigap first. If you later switch to Medicare Advantage, you’re guaranteed to be approved at the best price. The reverse isn’t always true.
Keep in mind that you cannot have both Medicare Advantage and Medigap at the same time. If you want to know more, read the Senior65.com article: Can You Switch From Medigap To Medicare Advantage?