What best describes a "like" plan change in Medicare options?

A "like" plan change in Medicare options refers to enrolling in a plan that is of the same type as the one currently held. This means that if a beneficiary is in a Medicare Advantage plan, they would switch to another Medicare Advantage plan, or if they have a standalone Part D prescription drug plan, they would switch to another standalone Part D plan. The key aspect of a "like" plan change is that it involves staying within the same category of Medicare coverage, which ensures that the fundamental structure and coverage type remain consistent.

This distinction is important because it helps beneficiaries navigate their options while minimizing disruptions to their healthcare coverage. By opting for a plan of the same type, beneficiaries can better assess their choices based on similar benefits and coverage requirements, making the decision process more straightforward and manageable.