MA beneficiaries can switch plans through mid-February: 4 things to know

Beneficiaries enrolled in Medicare Advantage have the option to switch to CMS' Medicare through Feb. 14, 2017, according to Time Money.

Here are four things to know:

1. Beneficiaries can switch to Medicare or a Medicare Part D drug plan.

2. Those enrolled in Medicare cannot switch to a MA plan and those enrolled in MA cannot switch to a different MA plan.

3. MA beneficiaries have to wait until fall 2017 to adjust their coverage that goes into effect next year, unless they qualify for a special enrollment period.

4. Of Medicare beneficiaries, almost 33 percent choose MA coverage, as opposed to Medicare.

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