We’ll keep you informed about the Medicare annual election period so that you can make any necessary changes during that time.
Medicare is a federal health insurance plan that is available to those over the age of 65, as well as individuals who qualify for other reasons. When you’re nearing the age of eligibility, you may be preparing to enroll in the plan and take advantage of the benefits available to you. However, it’s important to note the dates of the Medicare annual election period. Each year, the government allows new enrollments and changes to occur during that specific time. Unless you experience another qualifying life event, you won’t be able to adjust your coverage outside of that time.
The exact dates of the Medicare annual election period vary from year to year. However, since Medicare plan years run January 1 through December 31, the Medicare annual election period usually begins at some point near the middle of October, running through early December. Any changes made to your coverage during this time will go into effect at the start of the next year.
At MediGapX, we’re experts in Medicare coverage options and can help with a range of needs. We’re happy to answer questions, assist with enrollment, and provide coverage options. We’ll also keep you informed about the Medicare annual election period so that you can make any necessary changes during that time. If you’re in Margate, Florida and looking for assistance with Medicare coverage or any other type of medical insurance coverage, reach out to us to schedule a consultation with one of our experienced team members.
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FAQs About the Medicare Annual Election Period
Here at MediGapX, our experienced team helps individuals and families throughout the region understand their healthcare options, select the right plans for their needs, and simplify the world of Medicare. During the Medicare Annual Election Period (AEP), for example, we work diligently to help our clients evaluate their needs, make any necessary changes to their plans, and ensure they feel confident moving forward into the new year. Below, we’ve addressed some common questions about the AEP, but if you have any additional queries, please feel free to contact us today.
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What is the Annual Election Period?
The AEP occurs every year and runs from October 15 to December 7. During this period, Medicare beneficiaries can switch or enroll in Medicare Part C plans, Part D plans, or go from Medicare Advantage back to original Medicare. Any changes during the AEP will become effective on January 1.
Can I use the AEP to enroll in Medicare for the first time?
Unfortunately, no. Instead, you’ll have to wait for your Initial Enrollment Period (IEP) window, which will occur around your 65th birthday or whenever you first become eligible for Medicare.
What happens if I miss the December 7 deadline?
Unless you qualify for a Special Enrollment Period due to a life event (such as moving to a new home or losing your existing healthcare coverage), you may not be able to make any changes until the next AEP. However, there is a Medicare Advantage Open Enrollment Period that runs from January 1 to March 31, which may accommodate certain plan changes.
Contact MediGapX Today!
At MediGapX, we provide assistance navigating the Medicare annual election period to customers in Margate, Tamarac, Coconut Creek, Pompano Beach, Deerfield Beach, and Boca Raton, Florida, as well as in Long Valley, Hackettstown, Wharton, Denville, and Rockaway, New Jersey.