Q & A

I would like to change to a different Medicare Advantage plan. Do I have to wait until open enrollment?

Answer: If you switch to a plan with a five-star quality rating, you don’t have to wait until Medicare open enrollment (which runs from Oct. 15 to Dec. 7 for 2015 coverage). Seniors who participate in Medicare Advantage can sign up for a five-star plan anytime during the year. But there’s a catch: Only 14 Medicare Advantage plans scattered across 14 states and the District of Columbia met the five-star criteria in 2014. Besides Texas and Washington, D.C., they are California, Colorado, Florida, Georgia, Hawaii, Illinois, Iowa, Maryland, Oregon, Virginia, Washington state and Wisconsin. You can search for plans in your area by using the Medicare Plan Finder (medicare.gov/find-a-plan). The five-star plans are designated with a special icon. Read more…

Source: Kimberly Lankford, Kiplinger’s (via http://www.dallasnews.com) – 9/11/2014

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