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Medicare Annual Enrollment Period (AEP)
The Medicare Advantage and Prescription Drug Plan Annual Enrollment Period (AEP) is a chance for Medicare beneficiaries to evaluate their current coverage against the latest plans available and switch. AEP runs from October 15-December 7 every year.
Medicare plan details can change from year-to-year. Even if you’re pleased with your current plan, consider the following:
- You could be missing out on additional benefits such as dental, vision, hearing, prescription drug coverage, and more.
- There could be similar plans available in your area that are lower cost.
- There could be changes by your carrier to your current plan that can impact your out of pocket expenses.
What can I do during the Medicare Annual Enrollment Period?
As a Medicare beneficiary, during the Medicare Annual Enrollment Period you can change from Original Medicare to a Medicare Advantage Plan, switch from one Advantage plan to another, or change or add a new Prescription Drug Plan.
Any changes made during the fall Annual Open Enrollment period take effect on January 1 of the following year.
Find the Right Medicare Coverage with The Medicare Helpline During Medicare’s Annual Enrollment Period
The Medicare Helpline can provide side-by-side plan comparisons to help you make informed decisions about your Medicare coverage. Our licensed insurance agents know Medicare inside and out, making it easier to find the right plan for you. Get started by entering your zip below: