The annual Medicare open enrollment period will be opening shortly, which means that now is the time to prepare yourself for the changes on the horizon and any requirements for enrollment.
This year, the annual Medicare Open Enrollment period will last from October 15-December 7. During that enrollment period, new enrollees and current enrollees will be able to make alterations to numerous parts of their coverage. What can you do?
In order to be eligible for enrollment in a Medicare Advantage plan, you:
If you are currently enrolled in a Medicare Advantage Plan or Medicare Part D prescription plan and you are not interested in making any changes for 2020, you do not need to do anything during the open enrollment period unless your plan is not being offered again. If your plan is not being offered again, your carrier will give you advance notice before open enrollment starts. It is important to remember that your premium or benefits might change next year, even if you stick with the same plan.
There are always numerous changes whenever open enrollment arrives, and some of the most notable that have been announced so far include:
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