Left Arrow

When Can You Change Medicare Supplement Plans?

Medigap stock image
By Daniel Petkevich
Nov 18, 2022

Read this before you switch

Generally speaking, we believe that Medicare Supplement (also known as Medigap) Plans are the best option for most people eligible for Medicare. However, different circumstances require different solutions, and at Fair Square Medicare, we are here for you and your specific healthcare needs. Suppose you want to switch your Medicare Supplement plan. In that case, you must do so during your six-month Medigap open enrollment period or during a special circumstances period of eligibility due to guaranteed issue rights. 

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.

What is a Medicare supplement plan?

 Medicare Supplement plans are health insurance policies that help pay for some of the out-of-pocket costs not covered by Original Medicare, such as coinsurance, copayments and deductibles. A Medicare supplement plan can provide valuable protection against rising healthcare costs. 

There are numerous different Medicare Supplement plan letters to choose from

, including plans A, B, C, D, F, G, K, L, M and N. Each plan is standardized by the Centers for Medicare & Medicaid Services (CMS) and offers different benefits. All of those plans might seem overwhelming, but the simple answer is that you should probably be on

Plan G (or Plan N in some states).

What are the benefits of a Medicare Supplement plan?

Depending on the type of plan you choose, Medicare Supplement plans can offer many benefits. 
These include:
  • Comprehensively cover some of the out-of-pocket costs associated with Original Medicare, such as coinsurance, copayments and deductibles. 
  • Offer predictable and affordable premiums. 
  • Provide generous coverage for medical bills. 
  • Allow you to see any provider that accepts Medicare assignment (in other words, they accept what Medicare pays). 
  • Can be used both domestically and abroad under certain circumstances. 
Overall, a Medicare Supplement plan can help reduce your risk of incurring expensive out-of-pocket costs associated with plans that don't offer as much coverage.

When can you change your Medicare Supplement plan?

You may switch your Medicare Supplement plan during the six-month Medigap open enrollment period. The timing of the open enrollment period is a unique to your Medicare start date. If your coverage starts on July 1st, then your open enrollment period starts that day, and continues for six months, until December 31st. During this time you have an opportunity to join any Medicare Supplement plan available in your area. 
The other way to change your Medicare Supplement plan is to receive guaranteed issue rights through a specific circumstance. Different states have different rules for what is considered a special circumstance. Here are some common examples: 
  • You move out of the plan’s service area 
  • Your current plan is ending or changing its benefits 
  • You qualify for a state health insurance assistance program 
  • You are eligible for Medicare Extra Help, also known as “Low-Income Subsidy” 
Be sure to check in with your local State Health Insurance Assistance Program to see what guaranteed issue rights in your state look like.

How can you change your Medicare Supplement plan?

The process to change your Medicare Supplement plan is relatively simple. All you need to do is call the insurance company that provides your current plan and ask them to cancel it. Then, you can contact an agent who sells plans in your area, or use the Compare Plans button on our website to compare different plans available in your area. Once you have selected a new plan, you will need to fill out an enrollment form and submit it to the insurance company providing the new plan. The insurance company will then review your application and let you know if you are accepted for coverage. 

Takeaway

Whether you decide to switch during your Medigap open enrollment period, or special circumstances period of eligibility, Fair Square Medicare can help you make sure you have the best plan for your specific circumstances. We will be there with you every step of the way so that you can find the perfect Medicare Supplement plan and rest easy knowing that your healthcare expenses are covered! Contact us today at 1-888-376-2028 to learn more about how we can help.

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.

More of our articles

13 Best Ways for Seniors to Stay Active in Indianapolis

13 Best Ways for Seniors to Stay Active in Phoenix

14 Best Ways for Seniors to Stay Active in Nashville

14 Best Ways to Stay Active in Charlotte

2023 Medicare Annual Election Period (AEP)

2024 "Donut Hole" Updates

2024 Cost of Living Adjustment

2024 Medicare Price Changes

Building the Future of Senior Healthcare

Do You Need Books on Medicare?

Does Medicare Cover Abortion Services?

Does Medicare Cover Air Purifiers?

Does Medicare Cover Bariatric Surgery?

Does Medicare Cover Boniva?

Does Medicare Cover Breast Implant Removal?

Does Medicare Cover Cartiva Implants?

Does Medicare Cover Cervical Disc Replacement?

Does Medicare Cover Cosmetic Surgery?

Does Medicare Cover Diabetic Eye Exams?

Does Medicare Cover Exercise Physiology?

Does Medicare Cover Geri Chairs?

Does Medicare Cover Hearing Aids?

Does Medicare Cover Hepatitis C Treatment?

Does Medicare Cover Ilumya?

Does Medicare Cover Inqovi?

Does Medicare Cover Jakafi?

Does Medicare Cover Light Therapy for Psoriasis?

Does Medicare Cover Macular Degeneration?

Does Medicare Cover Nexavar?

Does Medicare Cover Ozempic?

Does Medicare Cover Penile Implant Surgery?

Does Medicare Cover PTNS?

Does Medicare Cover RSV Vaccines?

Does Medicare Cover Scleral Lenses?

Does Medicare Cover the WATCHMAN Procedure?

Does Medicare Cover Tymlos?

Does Medicare Cover Xiafaxan?

Does Medicare Cover Zilretta?

Does Medicare Have Limitations on Hospital Stays?

Does Medicare Pay for Bunion Surgery?

Does Your Medicare Plan Cover B12 Shots?

Explaining IRMAA on Medicare

Explaining the Different Enrollment Periods for Medicare

Finding the Best Dental Plans for Seniors

Health Savings Accounts (HSAs) and Medicare

How Can I Get a Replacement Medicare Card?

How Does Medicare Cover Colonoscopies?

How Does Medicare Pay for Emergency Room Visits?

How Does the End of the COVID-19 Public Health Emergency Affect Your Medicare?

How Medicare Costs Can Pile Up

How to Become a Medicare Agent

How to Choose a Medigap Plan

How to Enroll in Social Security

Is Balloon Sinuplasty Covered by Medicare?

Is Displacement Affecting Your Medicare Coverage?

Is Fair Square Medicare Legitimate?

Is HIFU Covered by Medicare?

Is PAE Covered by Medicare?

Medicare Explained

Medigap vs. Medicare Advantage

The Easiest Call You'll Ever Make

The Fair Square Bulletin: November 2023

The Fair Square Bulletin: The End of the COVID Emergency Declaration

Welcome to Fair Square's First Newsletter

What Are Medicare Part B Excess Charges?

What Happens to Unused Medicare Set-Aside Funds?

What Is Medical Underwriting for Medigap?

What is the 8-Minute Rule on Medicare?

What is the Medicare ICEP?

What To Do If Your Medicare Advantage Plan Is Discontinued

When Can You Change Medicare Supplement Plans?

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.

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. © 2025 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