Medicare Advantage Enrollment Periods are times when you can join, drop or switch Medicare Advantage Plans. This video highlights changes to the Medicare Advantage Annual Election period that took place in 2011. The information is still relevant today.
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When Medicare Advantage Plans were introduced in 2006, the annual open enrollment period began on November 6th and ended December 31st. There was also an additional enrollment period that began January 1st and ran though March 31st. this was an enrollment period where Medicare beneficiaries to could make "like changes" where Part D status was the determine factor as to whether you could effect certain changes to you Medicare Advantage Plan.
Noe the Annual Election Period for Medicare Advantage and Part D plans begins on October 15th and ends December 7th. During this time you can join, drop or switch plans.
There is also an annual dis-enrollment period that begins on January 1st and ends February 14th. During this time you are allowed to cancel your Medicare Advantage Plan and return to original Medicare. You cannot join another Medicare Advantage Plan at this time.
Once you return to original Medicare you are allowed to enroll in a Part D plan and purchase a Medicare supplement if you qualify.
If you would like to learn more about Medicare Advantage and Medicare supplements get my 8 Part Video Mini-Course. The course is designed to help you choose the best Medicare plan for your circumstances.