2. You can ditch Medicare Advantage if it’s not working for you
Many seniors on Medicare sign up for a Medicare Advantage plan rather than stick to original Medicare (meaning, Parts A, B, and D, which cover hospital care, outpatient care, and prescriptions, respectively). Advantage plans tend to pay for a number of key services that original Medicare does not, like dental exams, vision screenings, and hearing aids. But Medicare Advantage could also limit you to a relatively small provider network, and so if your plan isn’t working out as well as you thought it would, you can switch over to original Medicare during open enrollment.
3. You can move from original Medicare to Medicare Advantage
Maybe you’re unhappy with your coverage under original Medicare — namely, you’re tired of having to pay a fortune every time you go to the dentist. During open enrollment, you can switch from original Medicare to a Medicare Advantage plan that may offer more comprehensive coverage.
4. You can get a new Medicare Advantage plan
Not all Medicare Advantage plans are created equal. Whereas there’s a standard monthly premium that applies to Medicare Part B, each Advantage plan has its own costs and benefits. If you’re paying too much or aren’t happy with your coverage, you can stick with Medicare Advantage but move to a new plan.