Currently more than fifty-five million people are enrolled in Medicare in the U.S. However, sometimes people want to make changes in the plan they are enrolled.
They can do so during the enrollment period. Here are some of the things you might want to know about Medicare fall enrollment period:
When does the enrollment period start?
Medicare enrollment period starts from 15th October to 7th December. If there are people who wish to switch from the original Medicare plan to Medicare advantage plan or want to enroll in Part D of the Medicare plan, they can do so during this period.
All the changes that they make become effective on the first day of the next year. In certain states, people also have the option of buying a Medigap policy.
Medigap policy is also known as the Medicare supplement plan and covers costs, which Medicare does not cover.
It helps you review the costs of Medicare
People who are enrolled in the original Medicare plan can also take a look at the Medicare handbook and get an idea regarding the costs and benefits that they could expect in the upcoming year.
People who are enrolled in the Medicare advantage plans also receive a notice regarding the annual changes in the plans during this period.
Even if you are happy with the plan you are currently enrolled in, it is preferable that you take a look at other options that are available. This is especially important in the case of Part D plans. There is a possibility that there might be another Part D plan available in your area at a comparatively lower cost.
The path finder tool
People have the option of using the pathfinder tool that they can use to compare the different Part D plans and determine the drugs that they need. The pathfinder tool allows you to find and research a specific plan online.
The ideal way to enroll
When it comes to enrolling for Medicare, the ideal way to enroll is directly through the official Medicare contact number. The number is 1-800-MEDICARE. Make it a point to keep notes of everything that you discuss on the phone.
In addition to that, make sure that you confirm all the details of the plan over the phone before you make the final decision.
Medicare advantage disenrollment period
The Medicare advantage disenrollment period starts on January 1 and then ends on February 14. Any of the changes you make to your Medicare plan become effective on the first day of the next month.
Do you need assistance with Medicare? Get in touch with us. We have a team of health insurance agents who can provide you with assistance regarding enrollment in Medicare. We can also provide assistance regarding Medicare supplemental insurance.