The Medicare Annual Enrollment Period, also known as the Annual Election Period or Fall Open Enrollment Period, allows you to change your existing Medicare Advantage plan or Medicare Part D Prescription Drug Plan for the following year. Each fall during the Annual Enrollment Period, anyone with Med...
Annual Election Period (AEP): Also known as the Fall Open Enrollment Period, this period runs from October 15 to December 7 each year. During AEP, you can update your Medicare Advantage or Medicare Part D prescription drug coverage.
For Medicare Advantage (also known as Medicare Part C) and Medicare prescription drug plans, there’s an Annual Enrollment Period (AEP) when you can sign up for, change or disenroll from a plan. The Annual Enrollment Period (AEP) is a designated timeframe during which individuals can make ...
There are other reasons Medicare beneficiaries should pay attention to the annual enrollment period this year. watch now VIDEO07:35 White House unveils first 10 drugs subject to Medicare price negotiations "Medicare open enrollment is so important because options change every year, and people's ...
1. You can shop and switch plans each year during the annual enrollment period, from Oct. 15 to Dec. 7. How Much Will I Pay for Part D? If you aren't enrolled in a Medicare Advantage plan or have drug coverage through an employer, you'll also need to enroll in a Part D plan ...
These shifts are consolidating the brokerage industry. For example, changes in MA benefits heading into 2025 are leaving many seniors uncertain about their best options, leading to increased switching. This member churn means that, as brokers scramble during the annual enrollment period, customer acqui...
Annual Enrollment Period (AEP): If you’re already enrolled in Medicare but wish to switch to a Medicare Advantage plan, you can do so during the AEP, which runs from October 15 to December 7 each year. This window allows you to review your current coverage and make changes for the foll...
month. If you miss your IEP, you may be able to enroll during the General Enrollment Period (GEP), which is from January 1 to March 31 each year. However, there may be penalties for late enrollment, so it’s important to enroll in Medicare during your Initial Enrollment Period if ...
including concerns that plans may be submitting artificially lower or high prices for the Medicare Plan Finder during the annual enrollment period (AEP). This measure would evaluate the accuracy of plan sponsors' pricing data displayed on the Medicare Plan Finder Tool and aims to gauge whethe...
If you want to switch Medicare Advantage plans or return to Original Medicare, you can do so duringopen enrollment, which runs from Oct. 15 to Dec. 7. (A separateMedicare Advantage open enrollmentperiod runs from Jan. 1 to March 31.) ...