Did You Know: Notifying Medicare when you move

When does my client notify Medicare of a change of address?

Here are two common scenarios:

1. My client has 2 houses and goes back and forth to each of them throughout the year, which one can be considered his residence? Typically this is where they spend 6 months or more of their time and file their taxes.
2. My client is moving. When does the SEP start? Step 1 is to notify your plan of your move with your new address. This lets them know if you are still within the plan’s service area or not signaling to them to send CMS and you a letter for special enrollment period.

When is the SEP?

• If you tell your plan before you move, your chance to switch plans begins the month before the month you move and continues for 2 full months after you move.
• If you tell your plan after you move, your chance to switch plans begins the month you tell your plan, plus 2 more full months.

*Medicare Supplement Plan do not give a SEP when you move. The supplement will follow you to your new residence, but often times will be re-rated.

Learn more: https://www.medicare.gov/basics/get-started-with-medicare/get-more-coverage/joining-a-plan/special-enrollment-periods