Janell Sluga Medicare & Individual Health Insurance Account Executive View Bio

Lawley Medicare Solutions Learning Center:

Ask Janell!

 

QUESTION:  I just received a notification from my Medicare insurance company stating that my 2024 plan is being discontinued and won’t be offered in 2025. What should I do?

ANSWER:  It’s that time of year again—Happy Insurance Season! If you’ve received a notice that your insurance plan is being discontinued, it’s important to take action promptly.

Here’s what you need to know:

Understanding Your Options

  1. Timeline for Enrollment: When your plan is discontinued, you have additional time to make decisions for 2025. In addition to the standard Annual Enrollment Period from October 15 to December 7, you have until December 31 to enroll in a new plan that begins on January 1. However, if you choose to wait until January or February to enroll, you will face a gap in coverage—specifically, you will only have Original Medicare without drug coverage during that time.
  2. Annual Notice of Change (ANOC): Normally, if your plan is still being offered, you would receive an ANOC detailing changes for the upcoming year. Since your plan is being discontinued, you likely did not receive this document. Instead, your notification serves as a reminder to seek alternative coverage before the end of the year.
  3. Research Alternatives: It’s crucial to start looking for new insurance options as soon as possible. Compare available plans to find one that meets your healthcare needs and budget. Consider reaching out to a knowledgeable consultant on our team to help evaluate your options.
  4. Enrollment Process: If you decide to enroll in a new plan during the designated enrollment period, ensure you complete the process by December 31 to avoid any lapse in coverage.

If you have questions or need assistance navigating your options, don’t hesitate to reach out to the Lawley Medicare Solutions Team. You can contact Medicare Service Team Lead Gabrielle Connor at 716.849.8223, or submit an inquiry through our contact from below. We’re here to help you find the right coverage for your needs!

At Lawley Medicare Solutions, our Medicare and Individual Health Consultants are dedicated to helping you make the most informed decisions about your healthcare needs. We offer personalized service and expert advice tailored to your unique situation. Contact us today by phone or email to schedule a consultation and ensure you’re getting the best coverage for your needs.

 

Read all Inside Medicare articles HERE.

 

LAWLEY HAS A TEAM DEDICATED TO MEDICARE INSURANCE!

Our licensed Medicare & Individual Health Insurance team can help clients understand the details of Medicare insurance plans, assist with choosing the right benefits and coverage, and provide guidance when life events that affect health coverage occur.

For questions, concerns, or to reach Lawley Medicare Solutions, fill out the contact form below or call 716.849.1540.