Medicare’s Open Enrollment, also referred to as the Annual Election Period (AEP) ends in less than one week on Wednesday December 7. This year’s AEP started earlier and ends earlier than previous years, and is an important time for beneficiaries to closely evaluate their current health coverage, whether or not they’d like to switch health plans, return to Original Medicare or join a health plan if they are already in Original Medicare.
Options abound and knowing one’s options and how to compare them are important for making a good choice. Here are some resources to make the most of the AEP’s final week:
- Read our page on the AEP. It gives the details on what you can do during the AEP, has links and resources for information on health care options and your rights, and lists frequently asked questions on the topic.
- Contact your local Health Insurance Counseling and Advocacy Program (HICAP) to review your current plan and plans (Medicare Advantage plans, Part D prescription drug plans and Medigap plans) in your area. Individual appointments are available with volunteer counselors. Educational presentations may also be available in your county.
- Review our Part D plan comparison charts (PDFs): Part D stand-alone prescription drug plans and Part D benchmark plans (for people receiving the Extra Help, aka the low-income subsidy (LIS)).
- Visit Medicare.gov to compare health and drug plans, compare Medigap policies, find out which plans cover the drugs you’re taking with Medicare’s Formulary Finder, and to enroll in a health or drug plan.