Medicare Advantage is an excellent way to get the coverage you need, but what do you do if you want to enroll in another Medicare Advantage plan? Let’s take a look at the Medicare Advantage Open Enrollment Period.
How Medicare Enrollment Works
First, let’s look at Medicare enrollment as a whole. In order to be eligible for Medicare Advantage, you need to be enrolled in both Medicare Part A and Part B (Original Medicare). Then, in order to be eligible for Parts A and B, you should be at least 65 years old.
You can enroll in Original Medicare 3 months before your 65th birthday. Then, you’ll have the month of and 3 months after your birthday to enroll within your Initial Enrollment Period (IEP). If you’re retired at the start of it, then you’ll be automatically enrolled in Original Medicare.
Once you’ve sorted out your Part A and Part B enrollment, you can start your Medicare Advantage (Part C) enrollment. You can do so during your IEP, or during the Annual Enrollment Period (AEP), which is from October 15 to December 7 each year.
Medicare Advantage Open Enrollment Period
Once you’re enrolled in a Medicare Advantage plan, you’ll be able to take advantage of the Medicare Advantage Open Enrollment Period. This period is from January 1 to March 31 of each year. It allows you to make changes to your coverage if you’re not satisfied with your current Medicare Advantage plan.
During this period, you’ll be able to:
- Switch Medicare Advantage plans
- Drop Medicare Advantage to go to Original Medicare and Part D (if needed)
How To Find an Advantage Plan
When you’re looking to enroll in Medicare Advantage, it’s important to find the right plan—it’s a vital step in the enrollment process.
To find the right plan, you should compare all of the policies available in your area. Look for ones that meet your coverage, budget, and service needs.
Helping You Every Step of the Way
If you need help finding and enrolling in a Medicare Advantage plan, we can give you the help you need. Get a quote, or call Secure Insurance Group to get started at 1-877-871-7328.