by Jim Wahlberg
As we move into the Medicare Annual Enrollment Period for another year, I think most of you know the “routine” by now. For those of you experiencing this for the first time or if you just need a reminder, I thought it would be helpful to remind you all of dates and times that changes can be made.
What is the Annual Enrollment Period (AEP)? The AEP is a timeframe that allows Medicare beneficiaries an opportunity to either enroll, disenroll, or make changes to your existing Medicare Advantage or Medicare Prescription drug plan. Medicare Supplement plans have separate rules for change and are not necessarily tied to this enrollment season.
What are the dates of the Annual Enrollment Period? October 1st is the “magic date” that discussion can begin about any of the 2022 plans. If a plan change is necessary, I can help with enrollment, including signing and submitting applications beginning October 15th. We can continue to meet and accept applications until December 7th…after the 7th you cannot submit an application for the AEP.
Do I have to meet, call, or sign anything to keep my current coverage? Generally, NO. If your current plan is continuing for 2022, you are satisfied with the way it worked, and you understand the upcoming changes in coverage, you do not need to do anything. If you have questions about your plan for the next year it would generally be best to have a 5-10 minute phone call that we can review the upcoming changes and decide if an in-person meeting is necessary.
Finally, as a general reminder, you will receive many different pieces of Medicare marketing in the mail…you do not want to send your phone number or email address on a response card unless you would like to receive a lot of calls/emails from the unknown sender of that mailer. If you have questions about your Medicare coverage, please feel free to call our office or email email@example.com and I will be happy to answer any questions you have. I hope that each of you have a great Fall season!