Joining, switching, or dropping your Medicare Advantage plan requires a qualifying enrollment period or a Special Enrollment Period. The three primary enrollment periods are:

1. Initial Enrollment Period (IEP) – Upon first becoming eligible for Medicare, you’re granted a 7-month timeframe to sign up for a Medicare Advantage plan. This period encompasses the 3 months before, the month of, and the 3 months following your Part A and B effective date.
2. Annual Enrollment Period (AEP) – Occurring annually from October 15th to December 7th, this window allows all Medicare beneficiaries to enroll in, exit, or change their Medicare Advantage plan.
3. Medicare Advantage Open Enrollment Period (MA-OEP) – Following the AEP, this interval extends from January 1st to March 31st each year, offering you an additional opportunity to alter your plan if your current Medicare Advantage plan’s benefits don’t meet your satisfaction.

Besides these specified times, numerous Special Enrollment Periods (SEPs) might permit you to modify your plan under certain circumstances. While the roster of these periods is extensive, there’s no need for concern over recalling or comprehending this array of enrollment options. At Senior Healthcare Advisors, our role is to leverage any available avenues to assist you in acquiring the benefits you necessitate.  LEARN MORE