If you want to drop your Medicare Prescription Drug Plan (Part D) and you don't want to join a new plan, you can do so during the Open Enrollment Period, between October 15–December 7 each year. The change goes into effect January 1 of the following year.
To disenroll from a Medicare Prescription Drug Plan during Open Enrollment, you can do one of the following:
- Call 1-800-MEDICARE (1-800-633-4227).
- Mail or fax a signed written notice to the plan telling them you want to disenroll.
- Submit a request to the plan online, if they offer this option.
- Call the plan and ask them to send you a disenrollment notice. You’ll have to complete, sign and send the notice back to the plan.
You can’t drop your Medicare drug plan outside the Open Enrollment Period unless you meet certain special circumstances.
If you want to drop your Medicare Prescription Drug Plan because you now get drug coverage from an employer/union or other group health plan, make sure your coverage is creditable prescription drug coverage . You’ll get a Notice of Creditable Coverage each year letting you know whether or not your drug coverage is “creditable.” Also, you can call your employer and ask if your drug coverage is creditable. They’re required to tell you or send you a letter with the information.
If you disenroll from a Medicare Prescription Drug Plan and go 63 days or more in a row without other creditable prescription drug coverage and then wish to rejoin a Medicare Prescription Drug Plan later on:
- You’ll have to wait for an enrollment period to sign up for coverage. However, you have a Special Enrollment Period which lasts from when you have drug coverage from an employer/union or other group health plan coverage to up to 2 months after that coverage ends.
- You may have to pay a late enrollment penalty.