Medicare Open Enrollment for 2018

 

Open Enrollment is from October 15 to December 7, 2017 for plans starting January 1, 2018.

Medicare’s open enrollment period is the time when participants should review their current health and drug plans and decide if any changes should be made.

Medicare open enrollment options

During the Medicare open enrollment period you can:

  • Do nothing and keep your current Medicare medical and drug coverage as is.
  • Switch to a Medicare Advantage plan from Original Medicare.
  • Switch to Original Medicare from a Medicare Advantage plan.
  • Change Medicare Advantage plans.
  • Change Part D prescription drug plans, sign up for adrug plan if you don’t have one now, or drop drug coverage.

Over 65 percent of the plans have a quality rating of four or more stars, based on a five-star rating.

People with Medicare can change their choice of health coverage and add, drop or change Medicare Part D drug coverage.

During this annual enrollment period (AEP) you can make changes to various aspects of your coverage.

  • You can switch from Original Medicare to Medicare Advantage, or vice versa.
  • You can also switch from one Medicare Advantageplan to another, or from one Medicare Part D (prescription drug) plan to another.
  • And if you didn’t enroll in a Medicare Part D plan when you were first eligible, you can do so during the general open enrollment, although a late enrollment penalty may apply.

 

It’s very important that Medicare beneficiaries review their drug plan annually. Why? Because Medicare private drug plans can make changes each year; changes can include which pharmacies are in their networks as well as which drugs are covered and the costs.  Most people can only change their plans during the Fall Open Enrollment Period.

 

Find out whether medications you are taking will be covered on your plan next year. If your physician had to submit a prior authorization exception request and you need the same medication next year, call your plan to find out what you need to do to make sure that your plan continues covering your medication. Your physician may need to submit a new request and he may be able to do so before the end of the year to ensure that your coverage continues without interruption.

 

Where to get help

Visit Medicare.gov to get information about plans in your area or call 1-800-MEDICARE. You can also get help by contacting your State Health Insurance Assistance Program. The “Medicare & You” booklet is available for download on the Medicare website.