Q: Can I switch between Medicare Advantage and Original Medicare?
A: Between January 1 and February 14 each year, if you are enrolled in a Medicare Advantage plan, you can decide to leave your plan and return to Original Medicare. You cannot switch to another Advantage plan unless you have a circumstance that affords you a Special Enrollment Period.
After you leave your plan, you will have until February 14 to enroll in a Part D plan that will begin the first day of the following month that you enroll. However, you will not have guaranteed issue access to a Medicare supplemental insurance (Medigap) plan at this point.
You can enroll in one, but will be subject to medical underwriting unless you qualify for a Medigap special enrollment period or live in a state that requires access to a Medigap plan during the Medicare Advantage Disenrollment Period.
Medicare Advantage plans often have reduced premiums but you need to assess all your costs including premiums, out-of-pocket costs, and prescription costs to ensure you get the best coverage at the best price for you.