Medicare Annual Enrollment Period / AEP starts October 15 and ends on December 7 every year. This is the period when Medicare beneficiaries can review their current plan. Moreover, they can switch to a different Medicare contracted private insurance carriers for their medical and prescription drug coverage if they see fit.
With over 13 million Medicare beneficiaries nationwide, 27% of this population enrolls on Medicare Advantage plans. In Oregon, 41% of Medicare beneficiaries are enrolled on the Medicare Advantage Plans. I’m not surprised that we have one of the highest enrollments for Medicare Advantage Plans in Oregon. Medicare Advantage covers what Original Medicare covers, embedded prescription drug plan and may offer more benefits such as dental, vision, wellness benefits, 24-hour nurse helpline, hearing aids, and more. Medicare Part A and Part B cover medical and hospital bills and both have deductibles.
As your independent plan consultant, we shop the Medicare plans market from dozens of private insurance companies. This is the time of the year when you need to review if your Medicare insurance plan went up on premium, deductibles, co-pays, or co-insurance. You can do this in a few ways. You can change or enroll in a new Medicare Advantage plan or by joining a new stand-alone Medicare prescription drug plan (PDP). Moreover, you can also go back to Original Medicare with or without a stand-alone Part D plan from a Medicare Advantage plan during this time. If you have Medicare Advantage, you can also switch to Original Medicare. To get Medicare drug coverage, you can join a stand-alone Part D plan at this time. If you enroll in a plan during the Annual Enrollment Period, your coverage starts January 1 the following year.
We’ve been helping Medicare beneficiaries with their Medicare health plan needs for over since 2006 and we’ll be happy to assist you in choosing a Medicare plan that may suit your medical needs and budget.
Medicare Annual Enrollment Period Checklist:
* if your doctor, specialists, and hospital are in-network on your plan
* check if your prescriptions are covered
* see if the plan you pick is available in the service area
* check if there are any deductibles on the medical and or on the prescription coverage
* if you need dental, check if the plan offers dental as well
* check the star rating of the plan by CMS
We’ve never been so excited about all the Medicare Advantage Plans and Prescription Drug Plans in Oregon offered in Oregon year after year. Most of the Medicare health plans have maintained good benefits, some offer better benefits but some raise their premiums, deductibles, co-pays or co-insurance. As your independent health plan consultant, we can offer you health insurance plans in Oregon from dozens of private insurance companies.
Get free help from your local, licensed, certified, 5 star reviews and well experienced licensed insurance agent.
*By completing this form, you agree that an authorized representative or licensed insurance agent may contact you by phone,email,text, mail or face to face to answer your questions or provide additional information about your Medicare plan options. Not affiliated or endorsed by Medicare or any state or federal governmental agency.
