With the Annual Open Enrollment Period(AEP) behind us 10/15 – 12/7 we are now in the Medicare Advantage Open Enrollment period (MAOEP). This may seem confusing. Well, it is. During October if you were on a Medicare Advantage plan you could change your plan to another plan that is offered or change your Part D RX coverage. This would also allow beneficiaries if they chose to leave original Medicare to join an advantage plan. Or if someone wanted to leave an advantage plan and go back to original Medicare they could do so. Leaving a Medicare Advantage plan would be triggered by enrolling in a Part D stand alone RX plan. Phew!
We are currently in the Medicare Advantage Open Enrollment Period. During this time if you are in a Medicare Advantage plan and would like to change the plan you are on you can. Important! During this time you cannot change your Part D RX if you are on original Medicare. That is reserved for AEP which starts in October. Also if you are in a Medicare Advantage Plan and you want to leave and return to original Medicare you can during this time from January 1 – March 31.