BOISE — The Idaho Department of Insurance is reminding Medicare beneficiaries younger than 65 that they are eligible for a six-month open enrollment period to purchase a Medicare Supplement policy — Medigap — as early as Jan. 1.
Medigap coverage can help pay some, or all, of the health care costs that original Medicare does not cover — co-payments, co-insurance and deductibles. During an open enrollment period, the beneficiary cannot be turned down for coverage. Beneficiaries younger than 65 who already have a Medigap policy are also eligible for the open enrollment period and may change policies without underwriting or denial.
Although the Medicare annual election period ended Dec. 7, the Medicare Advantage dis-enrollment period, which is Jan. 1 to Feb. 14, may be an option for those wishing to leave their Medicare Advantage plan and purchase a Medigap policy. During the Medicare Advantage dis-enrollment period, eligible beneficiaries switching from that plan to original Medicare will also have an opportunity to purchase a Part D plan by Feb. 14.
The department’s Senior Health Insurance Benefits Advisors counselors are available to provide information to all Idahoans eligible for Medicare coverage. More information: Call SHIBA at 800-247-4422.
The department encourages consumers to consult with a licensed insurance agent before purchasing coverage.