What is The Difference Between Medicare AEP and Medicare OEP Enrollment Periods
Medicare Enrollment Periods can be confusing! What are the time frames? What changes can I make in those different Enrollment Periods? Here is what Medicare.gov says about these timeframes and what you can do.
Joining a health or drug plan
When can I join, switch, or drop a plan?
You can join, switch, or drop a Medicare Health Plan or a Medicare Advantage Plan (Part C) with or without drug coverage during these times:
Initial Enrollment Period. When you first become eligible for Medicare, you can join a plan.
Open Enrollment Period. From October 15 – December 7 each year, you can join, switch, or drop a plan. Your coverage will begin on January 1 (as long as the plan gets your request by December 7).
Medicare Advantage Open Enrollment Period. From January 1 – March 31 each year, if you’re enrolled in a Medicare Advantage Plan, you can switch to a different Medicare Advantage Plan or switch to Original Medicare (and join a separate Medicare drug plan) once during this time. Note: You can only switch plans once during this period.
Learn more at Medicare.gov
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