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The Medicare Fall Open Enrollment Period is referred to as the Medicare "Annual Election Period" (AEP). This is the period from October 15th – December 7th, when you can find, enroll in or change your Medicare Part D Rx Plan or Medicare Advantage Plan. This is also the period during which people on Medicare Advantage Plans can choose to drop their Medicare Advantage Plan to return to Traditional Medicare. Any plan changes made during this AEP will go into effect on January 1st 2021. Many people confuse this Medicare Open Enrollment Period as the time they can change their Medicare Supplement or Medigap Plans too, but Medigap/Medicare Supplement insurance is not subject to this annual "AEP" Enrollment Period.
Resources:
Shop Part D Drug Plans on the government Medicare website:
Our agent assisted Part D enrollment platform:
Top Medigap Plans for 2021:
Understanding How Part D Works:
Medicare Advantage Pros and Cons: