What Does December 7th Mean for Those on Medicare?
What can I do during the Medicare AEP?
During the Medicare AEP period, this is the time that recipients have the most flexibility to drop their Medicare coverage and switch to an advantage plan or make other changes on their policy.
What plan should I get?
There are so many factors that come in to play when deciding which Medicare plan to enroll in or switch to. Given that there are so many possibilities, the most proven way to ensure that you have the best coverage is to speak with a licensed insurance agent in your state. This is because a licensed agent has been specially trained to be aware of all regulations, and they are the only people with access to real live plan pricing.
Can I get quotes online?
Some providers will give you rough estimated quotes online, but keep in mine that these are only estimated and may be subject to change based upon the various factors like your general health.
What is the difference between OEP and AEP?
During AEP Medicare recipients can drop their Medicare plan and make more changes between Supplement and Advantage plans. The OEP period is mainly just for those already on Medicare Advantage who would like to switch to a different Advantage plan.
How much does switching plans during AEP cost?
Many Advantage plans start at no cost, but Supplement plans can be more costly. In many cases its possible to switch to a better plan without spending more or even spending less.