: January 1 through March 31.
This is the enrollment period specifically for Medicare Advantage (MA) plan members. During these dates, you have a one-time opportunity to change to another MA plan. Or you have the option to cancel your MA plan and revert to Original Medicare. In addition, you may add Part D (prescription drug coverage) if it is not included with your coverage.
Medicare Annual Enrollment Period: October 15 through December 7
These are key dates when mailboxes are filled to the brim and television ads fill the cable airwaves. During the Annual Enrollment Period, or AEP, you are allowed to review your plan coverage and make switches to get better coverage or save money. AEP is especially important for those with Medicare Advantage and Part D drug plans. Potential savings can be significant. According to the American Association for Medicare Supplement Insurance, individuals with a stand-alone Medicare drug plan could save an average of $486 per year by swi
Costs for Illinois Medicare Supplement Insurance Coverage Varies Significantly From:
Illinois seniors turning 65 face a wide range in what they can pay for insurance reports the American Association for Medicare Supplement Insurance (AAMSI). Basically identical coverage for a woman can cost as little as $111-per-month or as much as $229, reports Jesse Slome, director of the organization. The organization analyzed rates for Medicare Supplement insurance rates for seniors turning 65.
Men pay more for coverage at age 65 according to AAMSI. A 65-year-old male pricing Medigap Plan G coverage will find prices ranging from as low as $127-per-month to as much as $252.  Medigap Plan G is the most popular option among those purchasing Medicare Supp
The number of individuals visiting the American Association for Medicare Supplement Insurance website has increased according to the organization. "Organic website traffic from January through April was up 12 percent over the prior year," reports Jesse Slome, director of the organization. "This spring we launched am increased effort to educate more
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More than half of seniors fail to take advantage of one of the most significant benefits available to Medicare beneficiaries.
Each year millions of Americans with Medicare have the opportunity to review their current coverage and consider switching to reduce costs or get better coverage. An analysis of recent studies finds that few take advantage of the opportunity.
Switching Medicare plans is available to those with Original Medicare. Around 37 million Americans have Medicare coverage that works on a fee-for-service basis. Individuals can go to any doctor or hospital that accepts Medicare and the government program will pay its share of the bill for any Medicare-covered service.
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