MrSockMonkey
Expert
- 73
30 days from signing up or ? Family member turns 65 in March. He enrolled in a plan about 2 months ago. Is it too late to cancel, since he did not turn 65 yet? He would like to go with a less expensive carrier. Thank you.
Med Supp Free Look - 30 days from when?
- Thread starter MrSockMonkey
- Start date
- 11,280
Yes he can cancel and go with a new one...
- 29,524
The 30 day free look starts the day the policyholder receives the policy. You can cancel/lapse a Med Supp anytime you want after the the free look.
- Thread starter
- #4
MrSockMonkey
Expert
- 73
Oh dear. I am not understanding the free look, then. goillini52, senior-advisor-Indiana and anyone... so does this mean that he can cancel the policy and get another Plan F with a different carrier? Does he still have the 3 months after turning 65? He does not want to wait that long, just wants a less expensive Plan F.
- Thread starter
- #5
MrSockMonkey
Expert
- 73
p.s. Please forgive me for being dense here. Just making clear for this addled brain. Thank you.
30 day clock starts when insured receives the policy.
Applications/policies can be cancelled at any time.
Medicare beneficiary has SIX months from the time their Part B goes into effect to apply for coverage without underwriting. After that time can still cancel anytime and apply for new coverage subject to underwriting.
Applications/policies can be cancelled at any time.
Medicare beneficiary has SIX months from the time their Part B goes into effect to apply for coverage without underwriting. After that time can still cancel anytime and apply for new coverage subject to underwriting.
The free look period is in regards to full refund, nothing to to do with when you can cancel as you can do anytime nor health questions as there are other rules that apply to that
- Thread starter
- #8
MrSockMonkey
Expert
- 73
Okay, vic120. That is what I couldn't get...what is the purpose of the free look if they could change anyway. For a full refund...now I understand.
Thanks all you guys...you all reinforced the fact that he can change. I really appreciate the help on this forum.
Thanks all you guys...you all reinforced the fact that he can change. I really appreciate the help on this forum.
Same would apply to shemales . . .
