Medicare’s Fall Open Enrollment is here! Officially known as the Annual Election Period (AEP) which runs from October 15 through December 7, this is main time when you can change your coverage. All changes are effective January 1 next year. If you are in a Medicare Advantage plan, you can switch plans or disenroll and return to Original Medicare. Similarly if you’re in Original Medicare and would like to join an MA plan, you can. You can also join, disenroll from or switch Medicare Part D prescription drug plans.
Each year, Medicare health plans and Part D prescription drug plans can change their premiums, deductibles, cost-sharing and some benefits, or discontinue their coverage altogether. Therefore it’s good to be aware of how your plan may change, and prepare accordingly. Some helpful preparation tips include:
To review your coverage options for 2020, you can:
2 Comments
2/3/2020 11:03:04 pm
Plans change and needs change. Carefully review any materials and changes in costs or coverage that will happen in 2020, and decide to choose the right medicare coverage plan is very important. Thanks for the information.
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21/5/2020 10:06:48 pm
Thanks for sharing such an amazing blog. I must say you are doing a great job. Keep doing such hard work. Your blogs are really very informative. Keep posting! Good Luck for your upcoming updates.
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