Premier Medicare Solutions
Is the whole idea of choosing health insurance on your own overwhelming? Confusing? Not sure where to start? Want to talk to someone? You found the right place at Premier Medicare Solutions. If you’re no longer working and have an individual health insurance plan, you have designated times during the year that you can make changes. Unless you are granted a special election, these enrollment time frames apply.
Medicare Annual Election Period:
October 15 – December 7
This is the one time of the year you can (if you’d like) to make a change to your Part D prescription drug coverage or Medicare Advantage plan which is effective 1/1/2022.
You will receive 2022 plan information from your current health plan by October 1st. You can either decide to make a change or your plan will automatically be renewed. You don’t have to do anything - the new premiums and coverage will be effective the first of the New Year. If you have a Medigap plan, you do NOT need to renew these plans. We recommend you review your standalone Part D medications to ensure you are in the most cost-effective plan.
Medicare Advantage Open Enrollment Period:
January 1 - March 31
During this time, you can make a change (if you want to) only if you have an existing Medicare Advantage plan. You can either change to another Medicare Advantage plan or disenroll from your current Medicare Advantage plan, return to Original Medicare and enroll in a Prescription Drug Plan.
Whatever change you make during the current month will be effective the first of the following month. The last date you can make a change during this period is March 31st.
Initial Enrollment Period
When you are first eligible for Medicare, you have a 7-month enrollment period called your Initial Enrollment Period to sign up for Part A and/or B, as well as additional coverage.
This begins three-months before the month you turn 65, includes the month you turn 65 and ends three months after the month you turn 65. If you plan on working past the age of 65, do not worry! You have not missed your chance to enroll in Medicare.