Are you unhappy with your current Medicare plan?
Performance star rating are given to plans to gauge their overall performance. Medicare gathers information from member satisfaction surveys, plans, and health care providers. Ratings are between 1 and 5. Medicare 5 star rating plans are considered excellent. These ratings help consumers in comparing plans based on quality and performance. The said ratings are updated each fall for the following year and can change each year.
Switching of plans can happen all-year-round if the Medicare 5 star rating plans are available in your area.
Who is eligible for this SEP?
• Beneficiaries currently enrolled any MA, MAPD or PDP plan (including those that already have a 5-star rating)
• Beneficiaries who are enrolled in Original Medicare and meet the eligibility requirements for Medicare Advantage
The 5-star rating SEP can only be used one time during the plan year. If a Medicare Prescription Drug Plan (Part D) or Medicare Advantage plan with a 5-star rating is available in your area, you can use the 5-star Special Enrollment Period (SEP) for a once-a-year opportunity to switch from your current Medicare plan to a Medicare plan with the “5-star” quality rating. The 5-star SEP is available to you at any time during the plan year.
When enrolled on any Medicare 5 star rating plans, your coverage will begin on the first of the month following the month the enrollment request is received. Once an individual enrolls in a 5-star plan using this SEP, the individual’s SEP ends for that plan year and the individual will be limited to making changes only during other applicable election periods.
Be careful in making your SEP decision.
Make it a point that you have the knowledge on how to compare plans. Your current health plan may or may not be working good for you. Consult an expert if you need a side by side comparison of health insurance plans for better quality of care.
Get free help from your local, licensed, certified, 5 star reviews and well experienced licensed insurance agent.
*By completing this form, you agree that an authorized representative or licensed insurance agent may contact you by phone,email,text, mail or face to face to answer your questions or provide additional information about your Medicare plan options. Not affiliated or endorsed by Medicare or any state or federal governmental agency.