Annual Enrollment Period (AEP) is the time of year in which you can make changes to your Medicare coverage.
This time frame runs from October 15th to December 7th of every year.
So what does this mean for you?
During AEP you are able to:
By now, you've probably received your Annual Notice of Change, or as your Healthcare provider likes to call it your ANOC, in the mail. If you haven't received it, you probably will soon. So what should you do after receiving the ANOC and what does it mean in regards to you and your Medicare benefits?
Topics: What is AEP?, AEP Enrollment Period, Medicare, What is Medicare?, What is Annual Election Period?, What is Annual Enrollment Period?, AEP, Annual Notice of Change, Medicare Annual Notice of Change, ANOC Package
For most people who are on Medicare, it is very likely that they have heard the phrase Annual Enrollment Period, or it’s abbreviation AEP. Many Medicare beneficiaries may wonder what this Annual Enrollment Period means for them and their current coverage. Medicare coverage year AEP runs from October 15 to December 7 every year. This will be the only opportunity a beneficiary has to review, renew and/or change their current Medicare plans for the upcoming year, unless they fall under an SEP (Special Election Period) which is only available when significant life events occur. In order to be fully prepared for AEP it is important to do some homework first.
Topics: Annual Election Period, Annual Enrollment Period, What is Annual Election Period?, What is AEP?, What is Annual Enrollment Period?, Medicare, AEP Enrollment Period, Medicare Part C, Medicare Part D, Medicare Coverage, premiums, Prescription drugs, medicine, Medicare Premiums, medicare insurance