Medicare’s Annual Enrollment Period (AEP) runs from October 15th to December 7th each year. During this period, Medicare beneficiaries can add, drop, or change their Medicare health care plans and prescription drug coverage for the following year. Updates made to Medicare health insurance coverage go into effect on January 1st of the following year.
Did you miss your chance to sign up for health care coverage through the Obamacare Marketplace? The Affordable Care Act’s (ACA) enrollment period, at a shortened six-weeks long this year, may have seemed like it quickly came and went. If you missed the Open Enrollment period, you will likely need to wait until next year to get coverage or make changes to your health insurance plan. However, you may still have choices! Let ABC Insurance Agencies help you with your coverage options after ACA Open Enrollment ends.
If you or a loved one is eligible for Medicare soon, now is the time to understand how Medicare works. Choosing Medicare coverage is an important decision and there are many things to consider when finding a plan that meets your individual health insurance needs. Understanding all of the different parts of Medicare and options can be complicated, but ABC Insurance Agencies is here to help!