WHAT IS THE MEDICARE ANNUAL ENROLLMENT PERIOD?

This is a time period from October 15 – December 7 that is dedicated to Medicare beneficiaries already
on Medicare that want to make a change to their Medicare Plan. It's crucial for beneficiaries to
carefully review their current coverage, assess any changes in their healthcare needs, and
explore available plan options. Comparing premiums, copayments, and coverage details can
help individuals make informed decisions about their Medicare coverage for the upcoming year.
Failure to make changes during the AEP may limit options until the next enrollment period
unless the individual qualifies for a Special Enrollment Period due to specific life events.

 

WHAT CAN YOU DO DURING THE MEDICARE ANNUAL ENROLLMENT PERIOD?

1. Change your drug plan to another drug plan.
2. Enroll in a drug plan if you missed your opportunity the first time when enrolling in Medicare.
3. Change your Medicare Advantage Plan to another Advantage Plan with no health questions
   asked.
4. Switch to Original Medicare with a Medigap plan and drug plan. An individual may have to
   answer health questions to get a Medigap plan and may or may not get denied. In the event of a
   denial, an individual may stay on their Medicare Advantage.
5. Change from Original Medicare to an Advantage Plan

 

WHEN WILL THE CHANGES BE EFFECTIVE?

Changes to your Medicare plan will take effect January 1.

 

WHAT IF I MAKE NO CHANGES TO MY PLANS?

If you make no changes to your Medicare plan, then your plan automatically renews, there is nothing for
you to do. You may receive new cards for your drug plan and/or Medicare Advantage Plan in the mail.

 

WHEN WOULD I NEED TO CONSIDER A CHANGE ON MY PLAN or REVIEW?

1. If your Doctor stops taking your plan, you may have to change to a plan that they do take or
   change Doctors.
2. If you have had drug changes during the year, you may need to review your drug plan and costs
   for next year.
3. Your plan is not continued for the next year.
4. You have had an unfavorable experience with your plan and would like to consider other
   options.

 

HOW WILL I BE NOTIFIED OF ANY CHANGES ON MY PLAN FOR THE NEXT YEAR?

If you currently are on a drug plan or Medicare Advantage Plan, then your carrier will send you in the
mail before the end of September a document called the Annual Notice of Change. This will address any
changes on your plan for the upcoming year. This document often gets overlooked in all the mail you
already receive.

 

IF I HAVE A MEDIGAP PLAN DO THOSE CHANGE FOR THE UPCOMING YEAR?

Medigap plans do not coincide with the Medicare Annual Enrollment Period October 15 – December 7.
If you have a premium increase, you would be notified by your carrier a month or two before the
original start date of your Medigap. These plans stay the same and don’t change year to year in
coverage.

 

WHAT IF MY MEDIGAP PREMIUM IS REALLY HIGH?

If you have a high premium on your Medigap, you can change to another Medigap plan with a lower
rate by answering health questions. Acceptance to another Medigap is not guaranteed at this point, you
could get denied at this point and must stay in your current Medigap plan or decide to change to a
Medicare Advantage during the Medicare Annual Enrollment Period, October 15 – December 7.
Beneficiaries that want to try and get a lower rate on their Medigap plan can change any time of the
year to another Medigap.

 

HOW DO I WORK WITH MORGAN MEDICARE SOLUTIONS TO MAKE A CHANGE TO MY PLAN OR GET A
REVIEW OF MY CURRENT PLAN?

We do not charge any fees to review plans or help a beneficiary change plans. We get paid directly by
the carriers upon their enrollment in a new plan. Our focus is pairing beneficiaries with the plan that fits
their budget, doctors and healthcare needs overall.