The annual Medicare open enrollment is rapidly approaching and is the one time of year when you can add, drop, or switch your Medicare coverage. Open enrollment for the coming year runs from October 15 to December 7, with coverage beginning January 1, 2021.
During this period you can:
- switch from one Medicare Part C (Medicare Advantage) plan to another
- switch from one Medicare Part D (prescription drug) plan to another
- switch from Original Medicare (Parts A&B) to Medicare Advantage
- add a Medicare Part D (prescription drug) plan to Original Medicare (Parts A&B)
Remember: Medicare plans can and do change from year to year, so be sure to review your current plan during Open Enrollment to ensure it still meets your healthcare needs.