Medicare Enrollment Info

Medicare Enrollment Information

You don’t need to sign up for Medicare every year. However, each year you’ll have a chance to review your coverage and make changes. Here are some things you should know when it comes to Medicare Enrollment.

Coverage and Cost Change Yearly

Medicare advantage plans and prescription drug plans can change costs and coverage each year. If you’re in a Medicare health or prescription drug plan, always review the materials your plan sends you each year, like the “Evidence of Coverage” (EOC) and “Annual Notice of Change” (ANOC). (If you have a supplement plan, you will not receive an ANOC, and your coverage will not change.) Make sure your plan will still meet your needs for the following year. If you’re satisfied that your current plan will meet your needs for next year, you don’t need to do anything.

Open Enrollment Period

Mark your calendar with these important dates! In most cases, this may be the one chance you have each year to make a change to your health and prescription drug coverage.

 Start comparing your coverage with other options.

Change your Medicare Advantage or prescription drug coverage for 2015, if you decide to.

New coverage begins if you made a change. New costs and benefit changes also begin if you kept your existing Medicare health or prescription drug coverage and your plan made changes.

Introducing the Health Insurance Marketplace

The Health Insurance Marketplace, a key part of the Affordable Care Act, took effect in 2014. It’s a new way for individuals, families, and employees of small businesses to get health insurance. Medicare Enrollment isn’t part of the Marketplace.

Can I get a Marketplace plan in addition to Medicare?

No. It’s against the law for someone who knows that you have Medicare to sell you a Marketplace plan. This is true even if you have only Medicare Part A or only Part B.

What if I become eligible for Medicare after I join a Marketplace plan?

You can get a Marketplace plan to cover you before your Medicare begins. You can then cancel the Marketplace plan once your Medicare coverage starts.

For more information about Medicare Enrollment, click here.

For more information about the Marketplace, visit HealthCare.gov.

To have one of our licensed agents contact you, click here.

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