Every year the Medicare AEP or Annual Election Period arrives with much anticipation. You may not know when it starts or what you can do, but you will definitely know it’s here when you start seeing the plethora of television, print ads, and billboards touting the latest and greatest coverage.
2015 Medicare AEP
The 2015 Medicare Annual Election Period started on October 15th, 2015 and runs until December 7th, 2015. Take note of this time period because it wasn’t always this way. Recently, the AEP changed to this new time period from one that ran from November 15th until December 31st. You may notice that there are two holidays and even a 3rd if you count New Year’s Eve encompassed by the old enrollment period. This new time period appears to be here to stay so you can start planning accordingly.
2015 Medicare Advantage and PDP Plans
During the AEP you are allowed to change your current coverage or enroll into new coverage. Specifically, you can add or drop a PDP (Prescription Drug Plan) or an MAPD Medicare Advantage Prescription Drug Plan. As far as Medicare supplements are concerned, you may change your coverage throughout the year. You may need to look at changing coverage due to the ever changing landscape of Medicare Advantage and Prescription Drug coverage. Each year these plans make changes to their coverage and their networks forcing beneficiaries to re-evaluate your coverage on a yearly basis. If you do nothing, you simply stay with the coverage you have, but if you do make a change, in most cases your new coverage will be effective January 1st, 2015.
You can find your coverage right here on our website. We have made it easy for you to search through every available Medicare Advantage or Prescription Drug Plan available in your county. You can search by zip code, or click on your state and then your county to see the available plans. You will find links labeled Advantage Plans and Prescription Drug Plans at the top of the site, or you can just click on the links in this post. Good luck, and happy searching!