Medicare: Open Enrollment Information

Understanding Medicare Enrollment

Each year millions of Americans become eligible for Medicare and elect to enroll in the coverages offered. However for some, this process has proven to be difficult after years of employer sponsored health plans or a broker handling your enrollment. Here at All Lines Business Solutions, we look to provide the senior market the tools necessary to understand when and how to enroll into Medicare.

When Am I Eligible?

All Medicare applicants become eligible for their initial enrollment period Three months before the month of their 65th birthday until Three months after spanning a total of Seven months.

Medicare has an Annual Enrollment Period, which applies to current Medicare Beneficiaries. The AEP starts on October 15th and ends on December 7th. Those eligible can join, change, or drop a Medicare Advantage or PDP plan, making an unlimited number of elections. The last election made will go into effect on January 1st.

Medicare also has an Open Enrollment Period which applies to those currently enrolled in Medicare Advantage, MAPD or an SNP. Enrollees can make One change to a different Medicare Advantage plan or, they may disenroll from an MA/MAPD, return to Original Medicare, and add a Prescription Drug Plan. Changing from one PDP to another is not allowed.

What Do I Do After I Become Eligible?

Choose your plan. Below is a video provided directly by Medicare explaining the differences between the different types of Medicare as well as the plans available to consumers. After watching the video, reach out to one of our agents for a FREE Medicare consultation to the plans available for you and your loved ones today!