If you currently have an Original Medicare then you might notice that it does not cover all of your expenses, and there are certain gaps left. To fill up these gaps Medigap plans are introduced which act as a supplement to your Original Medicare plans. These plans pay for certain costs that the Original Medicare does not cover like copayments, deductibles, excess charges etc.
The eligibility criteria for a Medicare Advantage plans is not that complicated. If you have part A and part B of the original Medicare then you are eligible for Medigap. However, you should not be enrolled in any other medical plans like Medicare Advantage plans. It is illegal to have both Medicare Advantage and Medigap plans. Also, in some states, you are not eligible for a Medigap plan if you are under 65. This criterion differs from state to state rules. The time you enroll for your Medigap may affect the coverage you get and also the cost. They may also affect your guaranteed-issue rights. The best period to enroll into a Medicare Advantage plans is during the Medigap Open Enrollment Period.
Medigap Open Enrollment Period starts on the first day of the month you turn 65 and lasts for a period of 6 months. You can enroll immediately if you are enrolled in Medicare part B. throughout this six-month period you are free to enroll into a Medigap policy, ensuring no harm to your guaranteed issue rights. This means that the insurance companies aren’t allowed to use your existing medical condition or your medical history to charge you more for the coverage or to deny your coverage altogether. The best time to enroll in these six months, so find the best suitable plan in your network and your area and enroll in right away. If you have certain disabilities or medical conditions, it’s the best period to enroll and to safeguard and make use of your rights.
Once the open enrollment period has passed, it becomes really difficult to enroll in the plans. Not just enroll it becomes tedious to switch from one plan to another. This is because now the insurance companies can take advantage of your situation and may charge you a much higher coverage and are free to violate your rights. It is usually very difficult to enroll after the passage of this period for people with disabilities or certain medical conditions. It generally becomes a much tedious job to do.