Medicare Open Enrollment FAQs

The Medicare Open Enrollment Period is your opportunity to change your plan and coverage. This year, we’ve received a number of inquiries regarding Medicare plans and what to do during Open Enrollment. For this reason, we’ve put together this helpful list of frequently asked questions and answers to help you with the entire process.

Q: When does coverage begin?

Everyone who enrolls during the Fall Open Enrollment period will be covered starting January 1st.

Q: What can you do during the Medicare Open Enrollment Period?

Ӣ People enrolled or enrolling in Medicare Parts A or B can join or drop a Part D prescription drug plan.

Ӣ People enrolled in traditional Medicare (Parts A & B) can switch to a Medicare Advantage plan.

Ӣ People enrolled in a Medicare Advantage plan can drop it and switch to traditional Medicare (Parts A & B).

Ӣ People enrolled in Medicare Advantage can switch to a different Medicare Advantage plan.

Ӣ People enrolled in a Part D prescription drug plan can change to a different Part D prescription drug plan.

Q: What will my medical costs be once I enroll in Medicare?

It depends on the plan you enroll into. Make sure to understand what deductibles, copay and coinsurance costs are before selecting a plan.

Q: When Is the Open Enrollment period for Medicare?

Medicare Open Enrollment runs from October 15th through December 7th.

Q: What changes can I make to my plan during Medicare Open Enrollment?

You can change from Medicare to Medicare Advantage, or vice versa. You can also choose among the different Medicare Advantage plans in your area, as well as among the different parts of Medicare.

Q: Can I change my Medicare coverage outside of the Medicare Open Enrollment period?

Only if you qualify for a ”special circumstance.” These include moving to a new location outside of your plan’s service area or that offers additional plans, moving back to the U.S., moving into or leaving a facility, reside in a qualifying institution, or if your current plan is terminated.

Q: I want to stay in my plan, how does Medicare Open Enrollment affect me?

If you like your current Medicare plan, you do not have to take any action during Open Enrollment.

Have more Medicare Open Enrollment questions? We’ve got answers. Contact one of our Medicare advisors today by calling (614) 799-1403 or clicking here.