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Retirees

Posted on: September 26, 2018

When is MEDICARE Open Enrollment?

Medicare Enrollment form

The Medicare Open Enrollment period is from October 15 to December 7 every year. During the annual enrollment period (AEP) you can make changes to various aspects of your coverage. If Medicare eligible (65+ years):

  • You can switch from Original Medicare to Medicare Advantage or vice versa.
  • You can also switch from one Medicare Advantage plan to another or from one Medicare Part D (prescription drug) plan to another.
  • And if you didn’t enroll in a Medicare Part D plan when you were first eligible, you can do so during the general AEP, although a late enrollment penalty may apply.

If you want to enroll in a Medicare Advantage plan, you must meet some basic criteria.

Is auto-renewal available?

If you’re already enrolled in a Medicare Part D prescription plan or a Medicare Advantage Plan and you don’t want to make changes to your coverage for the coming year, you don’t need to do anything during the annual enrollment period (AEP).Medicare Plan B

Changing Medicare Advantage coverage after the annual enrollment period

Between January 1 and February 14 each year, if you are enrolled in a Medicare Advantage plan, you can leave your plan and return to original Medicare. You cannot switch to another Advantage plan unless you have a circumstance that affords you a Special Enrollment Period.

After you leave your plan, you have until February 14 to enroll in a Part D plan which begins the first day of the following month after you enroll.

Enrolling in Original Medicare

If you didn’t sign up for Medicare A and B when you were first eligible, you have a chance to do so each year between January 1 and March 31, with coverage effective as of July 1. However, you may be subject to a late enrollment penalty. For Medicare Part B, the penalty is an additional 10 percent of the premium for each 12-month period you were eligible, but not enrolled.

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