The Annual Enrollment Period is actually an opportunity – not a burden. This is the only time of year, outside of special exceptions, when you’re permitted to switch your Medicare Advantage or Part D drug plan.
The Medicare Advantage Open Enrollment Period (Medicare Advantage Disenrollment Period) isn’t as well known as the Annual Election Period, but you can make many of the same changes.
The Open Enrollment Period lasts from October 15 until December 7 each year, but what happens if you miss the deadline? Do you have to wait until the next year’s OEP to make changes to your coverage? Fortunately, seniors can change their coverage outside of the annual OEP under a few different circumstances.
The Medicare Open Enrollment Period is also known as the Annual Election Period (AEP) for Medicare health and prescription drug plans. It’s also called the Fall Open Enrollment Period. This time period happens only once a year. If you miss the Medicare Open Enrollment Period, here’s what it means and what you might be able to do. Medicare Open Enrollment: …