Picking a Medicare plan is my favorite thing to do,” says pretty much no one. So the decision to switch plans is a big one. It means you’ll shop and compare, and pick again.
Medicare Advantage plans have gained popularity since first being introduced by the Balanced Budget Act of 1997. Here are 9 reasons why.
Medicare Annual Enrollment Period Explained
The Medicare Annual Enrollment Period – AEP for short – is a set time each year for changing
your Medicare coverage choices if you choose to. AEP runs from October 15 to December 7.
New coverage choices go into effect on January 1.
The Medicare Special Enrollment Period allows you to switch plans or sign up for Medicare outside of the standard Medicare enrollment periods. Medicare grants a Special Enrollment Period for certain qualifying situations and life events.
Medicare Part B pays 80 percent of outpatient health care costs and 100 percent for many preventive services. But it pays to think carefully about when to sign up. Here’s why.
A somewhat cynical old saying declares that only two things in life are guaranteed: death and taxes. But there’s also something positive you can count on, and that’s Medicare.
Medicare provides certain time periods when you can change Medicare plans. The main one is the Medicare Annual Enrollment Period (formerly known as Open Enrollment), which runs from October 15 to December 7 each year. Anyone on Medicare can make coverage changes during this time that then go into effect the following year.
Medicare eligibility begins at age 65 for most people. (If you were born in 1954, you are next up to join the ranks of Medicare beneficiaries.) Here’s what you need to know about turning 65 and signing up for Medicare for the first time.
Do you have a Medicare Advantage plan? If you do, then you need to know about the Medicare Advantage Open Enrollment Period. It’s new in 2019 and runs January 1 – March 31.