Medicare beneficiaries haveuntil Dec. 7to change their Medicare health andprescription drug coveragefor the coming year through annual open enrollment. This year, there's even more reason to pay attention, as financial assistance for prescription drug coverage is set to expand starting Jan. 1, ...
Benefits of MembershipAn early reminder: Medicare Part D's annual open enrollment dates for this year are Oct. 15-Dec. 7, 2012.Your Medicare prescription drug plan (also known as "Part D") can change how much it costs and what it covers each year. Even if your plan's cost and ...
Beneficiaries can elect this monthly payment plan at any time, during enrollment or thereafter. This change, according to Mantell, could result in substantial savings for Medicare beneficiaries, especially the five to six million seniors who have been spending significant amounts on...
If you have both Medicaid and Medicare benefits, you could be eligible for a Dual Special Needs Plan, or D-SNP. Those who qualify for this type of Medicare Advantage plan can switch to a new plan at any point during the year, not just during open enrollment. Learn more about how to q...
While Medicare-specific plan benefits are the same regardless of the insurer, you can still look for additional unique benefits and premium discounts that each insurer can provide. Typical premium discounts include those for: Online enrollment when applying for the Medigap plan ...
time for Medicare Part B, you may get a late enrollment fee, which you’ll have to pay for the duration of your coverage. If you wait to apply for Medicare until the month you turn 65 or in the 3 months after you turn 65, you may have a gap in health insurance due to a delay...
Individual companies decide when to hold open enrollment for group insurance (or other employee benefits). During open enrollment, you can sign up for various types of health insurance, including employer-provided plans, federal marketplace plans, Medicare, and Medicaid. States that offer insurance ...
Open enrollment for traditional Medicare, Medigap, Medicare Advantage and Part D starts Oct. 15 and ends Dec. 7. Consumers can enroll in or change plans during this period. (Anyone who turns 65 or loses other coverage, having a“life event,”can enroll other times of the year.) But duri...
Income is a key factor insocial risk, so with over 52% of Medicare Advantage beneficiaries living on less than $24,500 per year it might come as no surprise that the social risk factors for this enrollment population are also high.
Summary: The Medicare Annual Enrollment Period (AEP) occurs from October 15 to December 7 annually. If you have a Medicare Advantage plan or Medicare Part D Prescription Drug Plan, you can make changes that go into effect next year. You can also sign up for Part D if you haven’t ...