10/24/2023
The Medicare AEP serves as an annual opportunity for beneficiaries to evaluate their current Medicare coverage and make necessary changes. During this time, you can:
- Switch between Medicare Advantage (Part C) plans: If you’re currently enrolled in a Medicare Advantage plan and wish to switch to a different one, the AEP is the time to do
so.
- Return to Original Medicare: If you’re enrolled in a Medicare Advantage plan and want to go back to Original Medicare (Part A and Part B), the AEP allows you to do this.
-Change your Medicare Part D prescription drug plan: Beneficiaries with a stand-alone Medicare Part D plan can switch to a different plan that better suits their medication needs.
-Enroll in a Medicare Part D plan: If you have Original Medicare and haven’t previously enrolled in a Part D plan but want prescription drug coverage, the AEP is your opportunity to do so.
-Make changes to your Medicare Advantage plan: Existing Medicare Advantage plan members can switch to a different plan, and they also have the option to enroll in or drop Medicare prescription drug coverage.
- Evaluate your healthcare needs: The AEP is a chance to assess any changes in your healthcare needs, such as new medical conditions or medications, and adjust your coverage accordingly.
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For millions of Americans enrolled in Medicare, the Annual Enrollment Period (AEP) is a criticaltime of the year. This period, which runs from October 15th to December 7th each year,provides an opportunity for Medicare beneficiaries to review and make changes to theirMedicare Advantage and Prescript...
