Medicare Advantage Dis-enrollment Period (MADP)
Important: the MADP is not an additional enrollment period. Also, It is not an opportunity for members to switch to a different MA plan. The effective date of a dis-enrollment request made during the MADP will be the first of the month following receipt of the dis-enrollment request. For example, a dis-enrollment request made in January will be effective February 1. The election period on the PDP application would be “SEP” and then write “MADP” in the space next to it.
Please be aware that during the MADP, Medicare Advantage Prescription Drug (MA-PD) members may choose to dis-enroll from their MA-PD. Afterwords members may then enroll in a stand-alone Prescription Drug Plan (PDP) and a Medicare Supplement plan.
Important Warning! Members of MA-PD plans who enroll in a stand-alone PDP plan will be automatically dis-enrolled from their MA-PD plan. They will return to original Medicare and will NOT have the option to enroll in another MA plan.
For information on broker contracting CLICK HERE
For sales leads CLICK HERE
Leave a Comment