I turned 65 on October 7th 2023. I enrolled in my unions Medicare Advantage Plan within the 3 months before that, during my initial enrollment period. Because of all the confusion about Medicare and Medicare advantage plans, I am not sure I made the correct choice. I may have been better...
Medicare’s open enrollment period — Oct. 15 to Dec. 7 — is when people with Medicare can change their plan for the next year. It’s the best time for Medicare enrollees to read their coverage documents and make sure their plan for the upcoming year meets their needs. Medicare can ...
How to Sign Up for Medicare During the Annual Enrollment Period for 2025The 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 follo...
If you miss your initial enrollment, you can sign up for Original Medicare during the General Enrollment Period (GEP) that runs from January 1 through March 31 of every year. You may have to pay a late enrollment penalty for both Part A and Part B if you didn’t sign up when you wer...
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 ...
enrollment period (GEP) between January and March. Historically, Medicare benefits would not begin until July 1 following the GEP. “This waiting period has also been lifted beginning in January 2023. Medicare coverage will begin the first day of the month following sign-up,” Cissell e...
”TV ads for Medicare Advantagecomprised more than 85% of all airingsfor the open enrollment period for 2023.… Medicare Advantage ads were disproportionately sponsored by health insurers who offer plans that comprise a relatively small share of Medicare Advantage enrollees. ...
Getting Medicare for the first time — initial enrollment period Individuals who are enrolling in Medicare for the first time do not sign up for Medicare or apply for plans during open enrollment. Instead, they have a seven-monthinitial enrollment periodwhen they can apply. Initial enrollment star...
Special Enrollment Period: When leaving employer health coverage. Medicare vs. ACA Health Insurance Marketplace If you have Affordable Care Act (ACA)Marketplace coverage, you should generally sign up for Medicare when first eligible to avoid coverage delays and potential penalties. ...
Some states offer additional Medicare Supplement open enrollment periods. The open enrollment period rules differ by state and vary from the national policy. Some only allow you to switch plans if you already have one, while a few others allow you to sign up for a Medigap plan without existin...