Feature

Medicare Annual Enrollment is Happening Now

Health & Wellness Stephanie Frisch

The Medicare annual enrollment period (AEP) has arrived. If you’re Currently on Medicare then this enrollment season is made just for you. Between October 15th and December 7th is the time to change to a different insurance carrier that offers a Medicare Advantage plan or a Medicare drug plan. The insurance companies are able to make changes every year to their plan benefits, co-pays and premiums. Once these changes are approved by Medicare, they can release the new plan information October 1st and that is when a Medicare beneficiary can start researching their options if they think they may want to make a change. Any change made becomes effective January 1st. Many people, for some reason, take the task of looking for a new plan on by themselves. Most often I find that these are the people that when they first enrolled in a Medicare Advantage plan they enrolled directly with the company and didn’t have a personal broker to explain options and benefits and establish a relationship with. Other times during the Medicare annual enrollment period (AEP) I come across people who started with a broker when they first went onto Medicare, but then that person left their Medicare insurance career...

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