There are so many Medicare benefits and plans to consider, and the decisions you make today can affect your health and finances in the years to come.
October 15 to December 7 is Medicare’s Annual Election Period. This is when you can enroll in new coverage or make changes to your current coverage. During this time, you can:
- Switch from Original Medicare (Parts A & B) to a Medicare Advantage plan (Part C), or vice versa
- Switch from one Medicare Advantage plan to another
- Join, switch or drop a Medicare prescription drug plan (Part D)
This is the time to assess your current coverage and determine if there is a better match for your budget and healthcare needs.
After you’ve done your research and talked with your provider, you can update your coverage between October 15 to December 7 by:
- Visiting Medicare.gov
Calling 1-800-MEDICARE (1-800-633-4227)
You can also speak to a broker who can help you shop for the best plan for you!
Get help finding the right Medicare plan for YOU – one that:
To help you find the best option, Colorado Physician Partners has enlisted the services of local, independent broker agencies:
If you don’t have one, you can reach an independent licensed broker that understands the plans we are contracted with.
Medicare premiums and coverage for health and prescription drug benefits can change significantly from year to year. So can provider networks. If you aren’t happy with the changes, you can switch plan options during the applicable open enrollment period. Plan ahead to avoid any lapse in coverage or late enrollment penalties.
During the annual Medicare election period, you can:
Changes take effect on January 1.
During Medicare Advantage open enrollment, you can:
Only available for Medicare Advantage plan members.
Only one coverage change allowed.