There are 2 yearly Medicare Enrollment Periods from January 1–March 31, the General Enrollment Period and the Medicare Advantage Open Enrollment Period.
General Enrollment Period
This enrollment period is for individuals who missed their Initial Enrollment Period or don’t qualify for a Special Enrollment Period and want to sign up for Medicare premium-Part A (Hospital Insurance) and/or Part B (Medical Insurance). Individuals using this enrollment period may have to pay a monthly late enrollment penalty.
Also, if an individual has Part A coverage and gets Part B for the first time during this period, they can also join a Medicare Advantage Plan. Coverage starts the first day of the month after signing up. The individual must have both Part A and Part B to join a Medicare Advantage Plan. If the individual wants to join a Medicare drug plan when they sign up for Part B, they’ll have 2 months after signing up for Part B to join a drug plan. Coverage will start the month after the plan gets the request to join.
For more information on Medicare Enrollment Periods, visit Medicare.gov/basics/get-started-with-medicare/sign-up/when-does-medicare-coverage-start.
Medicare Advantage Open Enrollment Period
This enrollment period is for individuals already enrolled in a Medicare Advantage Plan (with or without drug coverage) who want to switch to a different Medicare Advantage Plan (with or without drug coverage) or go back to Original Medicare (and join a separate Medicare drug plan). Only one change can be made during this period. Any change will be effective the first day of the month after the plan gets the request.
For more information on the Medicare Advantage Open Enrollment Period, visit Medicare.gov/basics/get-started-with-medicare/get-more-coverage/joining-a-plan.
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