Annual Enrollment period is from October 15th until December 7th each year. During that time a Medicare Beneficiary can elect to change from one Medicare Advantage Plan to another. They can also elect to change to a different Prescription Drug Plan. The enrollment period doesn’t apply to Medicare supplement Plans.
Here’s a quick rundown of what you can do during the Annual Enrollment Period:
Change to a Medicare Advantage plan from Original Medicare, Part A and Part B.
Change from a Medicare Advantage plan to Original Medicare, Part A and Part B.
Change from one Medicare Advantage plan to another (regardless of whether either plan offers drug coverage).
Join a Medicare Part D prescription drug plan.
Change from one Medicare prescription drug plan to another.
Opt out of Medicare prescription drug coverage completely.
Changes you make during the AEP go into effect January 1 of the next year.
However, there are also other special election periods which may be available to Medicare benefic