Thursday, December 6, 2012

Medicare Open Enrollment Period Closes Tomorrow!

Attention: Tomorrow, December 7, is the deadline for open enrollment or to make changes in enrollment for Medicare Advantage and Medicare Prescription drug coverage. Plan data is still available on the Medicare Plan Finder. 

Note that you can join a health or drug plan under Medicare when you first get Medicare (initial enrollment periods for Part C & D), such as when you turn age 65. Each year, you have a chance to make changes to your Medicare Advantage or Medicare prescription drug coverage for the following year. There are 2 separate enrollment periods each year. According to the Medicare website:

Open enrollment period for Medicare Advantage and Medicare prescription drug coverage.

What can I do?
  • Change from Original Medicare to a Medicare Advantage Plan.
  • Change from a Medicare Advantage Plan back to Original Medicare.
  • Switch from one Medicare Advantage Plan to another Medicare Advantage Plan.
  • Switch from a Medicare Advantage Plan that doesn't offer drug coverage to a Medicare Advantage Plan that offers drug coverage.
  • Switch from a Medicare Advantage Plan that offers drug coverage to a Medicare Advantage Plan that doesn't offer drug coverage.
  • Join a Medicare Prescription Drug Plan.
  • Switch from one Medicare drug plan to another Medicare drug plan.
  • Drop your Medicare prescription drug coverage completely.
When?
October 15–December 7

Medicare Advantage Disenrollment Period.

Enrollment Period
Medicare Advantage Disenrollment Period

What can I do?
  • If you're in a Medicare Advantage Plan, you can leave your plan and switch to Original Medicare.
  • If you switch to Original Medicare during this period, you'll have until February 14 to also join a Medicare Prescription Drug Plan to add drug coverage. Your coverage will begin the first day of the month after the plan gets your enrollment form.
What can't I do?
  • Switch from Original Medicare to a Medicare Advantage Plan.
  • Switch from one Medicare Advantage Plan to another.
  • Switch from one Medicare Prescription Drug Plan to another.
  • Join, switch, or drop a Medicare Medical Savings Account (MSA) Plan.
When?
January 1–February 14

This video produced by the Centers for Medicare and Medicaid Services was produced in 2011, but is still informative.


GOOD LUCK!

No comments:

Post a Comment