The Open Enrollment Period for Medicare health and prescription drug plans ends Dec. 7.
Medicare health and drug plan costs and covered benefits can change from year to year, so those who have Medicare should review their coverage and decide on the options that best fit their health needs, according to the Centers for Medicare & Medicaid Services
People with Medicare who do not want to change their coverage don’t need to re-enroll.
Before open enrollment ends, you can:
- Switch from one Medicare Advantage plan to another
- Sign up for a Medicare Advantage plan if you don’t have one
- Drop a Medicare Advantage plan and return to Original Medicare
- Switch from one stand-alone Medicare Part D prescription drug plan to another
- Sign up for a stand-alone Medicare Part D prescription drug plan if you don’t have one
- Drop a stand-alone Medicare Part D prescription drug plan
- You may be able to make other coverage changes before enrollment ends.
After the close of the enrollment period, most people will only have a limited opportunity to change their Medicare Part D or Medicare Advantage plan coverage until the next AEP or Open Enrollment Period.
If you are enrolled in a Medicare Advantage plan, you will be granted a second opportunity to “drop” your Medicare Advantage plan during the annual Medicare Advantage plan Disenrollment Period (or MADP) from Jan. 1-Feb. 14. The changes will become effective the first day of the month after disenrollment.