☰ ˟
Logo
570-497-4784
We're Here to Help
  • Home
  • Our Products
    • Medicare
    • Medicare Supplements
    • Medicare Prescription Drug Plans
    • Dental & Vision
    • Automobile
    • Annuities
    • Homeowners
    • Business & Commercial
    • Life
    • Accident & Health
    • Pet
    • Travel
    • International Travel
  • Request A Quote
    • Medicare Insurance Quote
    • Dental Insurance Quote
    • Auto Quote
    • Annuity Quote
    • Business Insurance QuoteImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Workers Compensation Quote
    • Health Insurance Quote
    • Homeowners Quote
    • Vision Insurance Quote
    • Other Quote Forms
  • Payment / Claims
  • Resources
    • Refer a Friend
    • Blog
    • Insurance Glossary
    • Agent Tools
  • About Us
    • About Us
    • Our Team
    • Location Map
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
"WE DO NOT OFFER EVERY PLAN AVAILABLE IN YOUR AREA. ANY INFORMATION WE PROVIDE IS LIMITED TO THOSE PLANS WE DO OFFER IN YOUR AREA. PLEASE CONTACT MEDICARE.GOV OR
1-800-MEDICARE TO GET INFORMATION ON ALL OF YOUR OPTIONS"
Home > Blog > Can My Insurer Cancel My Medicare Plan?
FRIDAY, JANUARY 29, 2021

Can My Insurer Cancel My Medicare Plan?

Can My Insurer Cancel My Medicare Plan?

a group of people sitting at a table 

Just the idea of being without health insurance is intimidating to most Americans, especially as the cost of healthcare only seems to rise year by year. Unfortunately, it is possible to lose your Medicare even when you don’t intend to. 

There are two main circumstances in which you could lose your Medicare Benefits: 

Cancellation Due to Nonpayment 

Nonpayment is one of the most common reasons that an insurance plan may be cancelled. If you fail to pay your Medicare premiums, you may find your Medicare plan cancelled. This applies to both Original Medicare and Medicare Advantage plans. To avoid your policy being cancelled due to nonpayment, it helps to set up automatic payments. Also ask about ways you can save money, as payment plans are available for most individuals who qualify for Medicare. 

No Longer Qualifying for Medicare 

Although it is somewhat rare, you can have your Medicare plan cancelled if you no longer qualify for Original Medicare or Medicare Advantage. Individuals automatically become eligible for Medicare Advantage around the time they turn 65 but other qualifying circumstances—such as disabilities and illnesses like End Stage Renal Disease (ESRD) may change. 

Be sure to speak with your insurance agent about your qualifications and any questions you may have about your Medicare coverage. 

What Should I Do if My Medicare is Cancelled? 

While having your Medicare plan cancelled can be nerve-wracking, it’s not the end of the world. You can often find another Medicare Advantage policy to cover your needs. If you no longer qualify for Original Medicare or Medicare Advantage, there are other ways to receive health insurance such as applying for social security benefits or getting health insurance through your or your spouse’s employer. 

Speak with your insurance agent if you are concerned about your eligibility for Medicare. There are many venues geared to help Medicare users to pay for their premiums.  

Can I Cancel My Medicare Plan? 

Just as an insurer may cancel your Medicare plan, you can also choose to cancel or switch your Medicare coverage. If you are unhappy with your Medicare Advantage plan, you can unenroll and enroll in a new plan during the Open Enrollment period from January 1st to March 31st. Unfortunately, you cannot change your plan outside of this period and instead must wait until the beginning of the year to make any changes to your Medicare Advantage plan.

Posted 3:30 PM

Tags: medicare
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020

  • medicare(7)
  • medicare supplements(3)
  • medicare part d(3)
  • car insurance(2)
  • medicare drug plans(2)
  • medigap(2)
  • drug benefits(1)
  • rodent(1)
  • homeowners insurance(1)
  • coverage(1)
  • covid-19(1)
  • home(1)
  • home insurance(1)
  • health insurance(1)
  • life insurance(1)
  • medicare supplement plan(1)
  • damage(1)
  • vision insurance(1)
  • medicare advantage(1)
  • auto insurance(1)
  • insurance(1)

View Mobile Version
Carrier
Carrier
Carrier
Carrier
aetna logo
Carrier
Carrier
Logo

220 Laurel Mall Dr, 
Hazle Township, PA 18202
 
 
570-497-4784  
   
364 North Main Street,
Taylor, PA, 18517 

 
570-497-4784  

Social Social Social
Home Page| Our Team| Join Our Mailing List| Refer A Friend| Insurance Glossary| FAQs| Latest Industry News| Search Our Site
© Copyright. All rights reserved. Powered by Insurance Website Builder