MEDICARE OPEN ENROLLMENT 2023 – WHAT TO KNOW AND CHANGES YOU NEED TO BE AWARE OF

One month is about to end, and a new one is just about to start, so it’s time to begin thinking about Medicare open enrollment in 2023. Since this is the specified period for any plan change, it is crucial to know when it starts and what changes can be made.

WHAT IS MEDICARE OPEN ENROLLMENT?

It’s a time frame when Medicare beneficiaries can switch to different plans per their requirement or make amendments to existing coverage. This period is also referred to as the Annual election period.

Medicare Open Enrollment period allows all existing beneficiaries to review their plans and ensure that their current coverage is the best fit for them, or they can fine-tune their plans to meet their needs. You can completely alter your plan during this allotted time frame. The changes made during this period will be effective from January 01, 2023. Medicare is for senior citizens aged 65 and for persons with qualified disabilities.

IMPORTANT DATES TO REMEMBER!

If you have already sign-up for Original Medicare (Part A & B), the time frame for your open enrollment period is as below:

  • Enrollment starts on October 15, 2022
  • Enrollment ends on December 07, 2022

CHANGES YOU NEED TO BE AWARE OF

The changes in coverage may vary from person to person depending on your need i.e.

  • Enrollment/Disenrollment in Medicare Advantage plan or Part D plan.
  • Subscribe/Unsubscribe to Medicare Part D prescription plan
  • Switch to/from Medicare Advantage Plan to Original Medicare
  • Amendments in existing Medicare advantage plan/Medicare part D plan/ Original Medicare

Medicare open enrollment period is for those who have already subscribed for a Medicare plan and wants to switch/alter the plan or do an additional purchase of any plan. So, you want to maximize your options during this period. In that case, you first need to identify what challenges you faced during the year 2022 with the current plan. This will help you to amend your plan according to your need.

LASTLY, FIND HELP TO OPT FOR THE RIGHT PLAN

After examining your complete history, it is always very important to consult someone who can guide you to the right plan per your specific requirement. During Medicare open enrollment, there are a lot of chances of fraud and distracting advertisements, which confuse you to choose the right plan for you. You will receive many emails during this period. Still, you must know what emails you must refer to for your coverage plan. You can also use options provided by the government, such as medicare.gov, to make amendments to your medical coverage or sign up for some new plan.

If you want one-to-one consultancy for the best option, review your options, and secure yourself from fraud, contact us at (800) 451-8737 or email us at info@affiliatedins.net or visit https://floridamajormedical.com/contact/.

Keep yourself informed and be aware of your options before you enroll in any plan.