Medicare Enrollment Periods
When you first enroll in Medicare during your Initial Enrollment Period, you will select Original Medicare (Parts A and B) or a Medicare Advantage plan (Part C) which combines the two types of coverage. Part D (prescription drug) coverage is also available with either of these options. But once you make your selections, you aren't stuck with those plans for life. In fact, Medicare offers you opportunities to change your plan(s), depending upon the situation.
Medicare's Annual Enrollment Period
(AEP)
Once you have enrolled in Medicare, you do have the right to review you plan selections and make changes each year. from October 15 to December 7, you can take advantage of the Annual Election Period to make changes to Part C (Advantage) or Part D (prescription) plans,
At this time, you can:
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Change from Original Medicare to a Medicare Advantage Plan
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Drop a Medicare Advantage Plan and go back to Original Medicare
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Change from one Medicare Advantage plan to a different one
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Enroll in a Part D prescription drug plan
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Cancel your Part D prescription drug plan
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Change you Part D prescription drug plan