Fair Square Medicare Wordmark

What To Do If Your Medicare Advantage Plan Is Discontinued

Cover image
By Daniel Petkevich
Feb 26, 2024

Options to consider when you are notified that your plan will be discontinued.

If your Medicare Advantage or Prescription Drug plan is discontinued in your area, you have several options to consider for your healthcare coverage. It's VERY important to take action before it's too late. Here are some important considerations:

Stay Up to Date on Medicare!

Join the Fair Square Medicare Newsletter to stay informed on cost savings, changes to Medicare, and other valuable healthcare information.
In most cases, if your Medicare Advantage Plan is discontinued, you will be eligible for a Special Enrollment Period. This period allows you to make changes to your Medicare coverage outside of the annual Open Enrollment Period. You typically have a few options during this period:
  1. Medicare Advantage Plan: You can choose a different Medicare Advantage Plan available in your area. Be sure to review your options with an expert to confirm your new plan has the coverage, network, and benefits you need.
  2. Medigap (Medicare Supplement) Plan: This is an excellent opportunity to enroll in a Medigap policy with no medical review. The most popular plan, Medigap Plan G, can fill gaps in Original Medicare, helping protect you from out-of-pocket expenses. Make sure to pair your Plan G with a standalone Medicare Part D to ensure you have Prescription Drug coverage.
  3. Original Medicare Only: You can go back to Original Medicare (Part A and Part B only) if you prefer traditional fee-for-service coverage. However, this will mean that you are responsible for traditional Medicare out-of-pocket costs like deductibles, copays, and coinsurance. If you do this, you will need to enroll in a standalone Medicare Part D prescription drug plan if you want prescription drug coverage.
It's crucial to carefully compare these options and find the best fit for your healthcare needs and budget. Be sure to consider factors like premiums, deductibles, copayments, and healthcare provider networks. You must decide and enroll in a new plan within the time frame of your Special Enrollment Period to avoid any gaps in coverage. If you don't act during this period, you may have to wait until the next annual Open Enrollment Period to make changes.
The good news is that you don't have to try to navigate these options alone. At Fair Square, our Medicare Experts can provide unbiased expert advice at no cost to you. For more information, schedule a consultation today at

fairsquaremedicare.com

or call us at 1-888-454-2383. Our experts are looking forward to talking to you!

Stay Up to Date on Medicare!

Join the Fair Square Medicare Newsletter to stay informed on cost savings, changes to Medicare, and other valuable healthcare information.

Recommended Articles

Sleep apena stock image
Does Medicare Cover Inspire for Sleep Apnea?
Dec 27, 2022
The feet of a person suffering from foot pain stock photo
Does Medicare Cover Cartiva Implants?
Nov 29, 2022
senior man with his glasses in his hand working in front of his laptop stock photo
Can I Change Medicare Advantage Plans Any Time? | Medicare Plans
Sep 19, 2022
heart surgery stock image
How Much Does Open Heart Surgery Cost with Medicare?
Jan 27, 2023
Arizona desert stock photo
13 Best Ways for Seniors to Stay Active in Phoenix
Mar 6, 2023
Heart on Heart Rhythm Background Concept stock photo
Does Medicare Cover the WATCHMAN Procedure?
Dec 1, 2022
Cover image
When to Choose Medicare Advantage over Medicare Supplement
Jun 7, 2023
breast cancer awareness ribbon stock image
Does Medicare Cover Piqray?
Dec 2, 2022
Black debit card changing hands against a yellow background stock image
What's the Deal with Flex Cards?
Dec 15, 2022
Myelofibrosis stock image
Does Medicare Cover Jakafi?
Dec 12, 2022
Physiotherapist showing workout record on exercise bike
Does Medicare Cover Exercise Physiology?
Jan 11, 2023
Cover image
Does Medicare cover Hyoscyamine?
Nov 30, 2022
Pile of junk in a house, hoarder room pile of household equipment needs clearing out stock photo
Does Medicare Cover Hoarding Cleanup?
Jan 10, 2023
Cover image
The Easiest Call You'll Ever Make
Jun 28, 2023
Cover image
Does Medicare Cover Physicals & Blood Work?
Feb 1, 2024
Cover image
The Fair Square Bulletin: January 2024
Jan 18, 2024
Doctor showing patient bone anatomy of skeleton of nose and nasal cavity on skull. Preparing for rhinoplasty surgery, correcting deviated nasal septum, localization of rhinitis, sinusitis in nose stock photo
Does Medicare cover Deviated Septum Surgery?
Nov 18, 2022
Medicare Part A & Part B stock photo
How Much Does Medicare Part A Cost in 2023?
Nov 18, 2022

More of our articles

13 Best Ways for Seniors to Stay Active in Columbus

13 Best Ways for Seniors to Stay Active in Philadelphia

15 Best Ways for Seniors to Stay Active in Denver

2024 Cost of Living Adjustment

Are Medicare Advantage Plans Bad?

Can Doctors Choose Not to Accept Medicare?

Can I Choose Marketplace Coverage Instead of Medicare?

Can I Have Two Primary Care Physicians?

Can I Laminate My Medicare Card?

Can Medicare Advantage Plans be Used Out of State?

Comparing All Medigap Plans | Chart Updated for 2023

Do I Need Medicare If My Spouse Has Insurance?

Does Medicare Cover Bariatric Surgery?

Does Medicare Cover Cold Laser Therapy (CLT)?

Does Medicare Cover Geri Chairs?

Does Medicare Cover Home Heart Monitors?

Does Medicare Cover Ilumya?

Does Medicare Cover Incontinence Supplies?

Does Medicare Cover Ketamine Infusion for Depression?

Does Medicare Cover Kidney Stone Removal?

Does Medicare Cover Kyphoplasty?

Does Medicare Cover Light Therapy for Psoriasis?

Does Medicare Cover Lipoma Removal?

Does Medicare Cover LVAD Surgery?

Does Medicare Cover Medical Marijuana?

Does Medicare Cover Mouth Guards for Sleep Apnea?

Does Medicare Cover Nexavar?

Does Medicare Cover Ofev?

Does Medicare Cover Shock Wave Therapy for Plantar Fasciitis?

Does Medicare Cover the Urolift Procedure?

Does Medicare Cover Urodynamic Testing?

Does Medicare Cover Vitamins?

Does Medicare Pay for Allergy Shots?

Does Medicare Pay for Antivenom?

Does Medicare pay for Opdivo?

Does Your Medicare Plan Cover B12 Shots?

Everything About Your Medicare Card + Medicare Number

Finding the Best Vision Plans for Seniors

How Do I Sign up for Medicare? A Simple How-To Guide For You

How Do Medigap Premiums Vary?

How Does Medicare Pay for Emergency Room Visits?

How Much Does Medicare Cost?

How Much Does Medicare Part B Cost in 2023?

How Much Does Rexulti Cost with Medicare?

How Much Does Trelegy Cost with Medicare?

How Often Can I Change Medicare Plans?

How to Apply for Medicare?

How to Choose a Medigap Plan

How Your Employer Insurance and Medicare Work Together

Is Botox Covered by Medicare?

Is Fair Square Medicare Legitimate?

Is PAE Covered by Medicare?

Medicare Advantage MSA Plans

Medicare Consulting Services

Medicare Explained

Medicare Savings Programs in Kansas

Medigap vs. Medicare Advantage

Plan G vs. Plan N

Saving Money with Alternative Pharmacies & Discount Programs

Should You Work With A Remote Medicare Agent?

The Fair Square Bulletin: October 2023

What Are Medicare Part B Excess Charges?

What If I Don't Like My Plan?

What is a Medicare Beneficiary Ombudsman?

What Is Medical Underwriting for Medigap?

What is the 8-Minute Rule on Medicare?

What To Do If Your Medicare Advantage Plan Is Discontinued

What to Do When Your Doctor Doesn't Take Medicare

Which Medigap Policies Provide Coverage for Long-Term Care?

Why You Should Keep Your Medigap Plan

Will Medicare Cover Dental Implants?

Will Medicare Cover it?

Your Medicare One-Stop-Shop

Your guide to Medicare Parts A & B, Medicare Advantage, and Medigap. 100% free.
Get the Fair Square Bulletin

Medicare savings tips, helpful guides, and more.

About

Medicare 101

Current Clients

Medicare Supplement Plans

Medicare Advantage Plans

Fair Square 2024

Terms of Use
Notice of Privacy Practices

Virgil Insurance Agency, LLC (DBA Fair Square Medicare) and www.fairsquaremedicare.com are privately owned and operated by Help Button Inc. Medicare supplement insurance plans are not connected with or endorsed by the U.S. government or the federal Medicare program. This is a solicitation of insurance. A licensed agent/producer may contact you. Medicare Supplement insurance is available to those age 65 and older enrolled in Medicare Parts A and B and, in some states, to those under age 65 eligible for Medicare due to disability or End-Stage Renal disease. Virgil Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, HMO SNP, PPO, PPO SNP and PFFS organizations and stand-alone PDP prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, or sex. Plan availability varies by region and state. For a complete list of available plans please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov. © 2024 Help Button Inc

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.

MULTIPLAN_FairSquareMedicare_01062022_M