Missed the Medicare Annual Election Period (AEP) that ended December 7? Prepare for Open Enrollment beginning January 1

All, Medicare, Medicare Enrollment

The time between Halloween and New Year’s Eve seems to pass at warp speed. Thanksgiving and the December holidays keep us so busy that we can easily miss the Medicare Annual Election Period (AEP) deadline. If you still need to make changes to your 2024 Medicare Advantage plan, you’re in luck. Read more about how to prepare for the Open Enrollment Period from January 1 to March 31.

Step 1: Make sure you qualify for Open Enrollment

If you are currently enrolled in a Medicare Advantage plan, you can change your existing plan or enroll in a new plan between January 1 and March 31, 2024.

Step 2: Evaluate whether you need to make changes

If you are satisfied with your current Medicare Advantage plan’s offerings, premiums out-of-pocket costs, drug coverage and additional benefits, no changes are required. If you missed the ARP deadline of December 7th, you have this one-time opportunity to still make a change. Open Enrollment is a great time to speak with your Medicare insurance broker to see if you can get more of what you want and need from a different Medicare Advantage plan in 2024.

Step 3: Keep seeing your favorite providers

One of the main reasons to compare plans during Open Enrollment is to ensure the doctors and hospitals you prefer are still contracted in 2024. If you need assistance with finding out where your favorite healthcare provider moved to and whether they accept your insurance, ask your Medicare agent for help.

Any changes you make to your Medicare Advantage Plan during Open Enrollment are one-time changes that become effective the first of the next month and stay in place throughout 2024.

Diane “Dee” Lee Insurance, is an experienced licensed insurance broker and representative providing Medicare (parts A and B), supplemental Medicare, Medicare Advantage (part C) and Medicare Prescription Drug (part D) plans. Diane Dee Lee Insurance also provides healthcare plans to cover dental, vision, hospital stays, home health care and more.  She also serves the under 65 population.    Serving as an Insurance Broker in Anthem, Scottsdale, Cave Creek, Deer Valley, Peoria, Glendale, the Phoenix-metro area, Queen Creek, as well as the counties of Pima, Pinal, Coconino, Gila, Mohave, Apache, Navajo, Maricopa and Yavapai. Licensed In 7 states and appointed with multiple insurance carriers, Dee is available to meet in person (with necessary social distancing guidelines) or virtually. Please call (623) 251-6612 or email dleeski@reagan.com