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Medicare’s annual enrollment period (AEP) is from October 15 to December 7. During AEP, you can make changes to your Medicare health and drug plans.
To ensure you have the coverage you need, Medicare offers special enrollment periods (SEPs) that allow you to add, drop, or change your Medicare plans outside of the typical yearly enrollment periods.
Knowledge of the Medicare enrollment periods is useful for making decisions about plan changes, preventing the loss of healthcare coverage, and avoiding financial penalties. Glossary of Medicare terms
Costs. When a person enrolls in an Advantage plan or Medicare parts B or D during an SEP, they do not pay a late enrollment penalty. However, a person who enrolls outside the SEP may have to pay a ...
A person can switch Medicare Advantage plans, go from original Medicare to an Advantage plan, or enroll in or drop a Part D plan during this period. Medicare Advantage OEP: This enrollment period ...
Major changes in 2025 include Medicare Advantage plans and a new $2,000 out-of-pocket max under Part D, eliminating "donut hole" coverage gap.
The 2025 enrollment period for Medicare opened recently. Some older Americans' deductibles, prescription drugs, and out-of-pocket costs will go up. Medicare coverage will change in 2025.
Most people have a 7-month time period, known as the Initial Enrollment Period (IEP), in which they can enroll in Medicare.This is true for Medicare parts A and B, also known as Original Medicare ...
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