Anyone who is already on Medicare and wants to join or change a Medicare Advantage plan, or a Part D plan, must do so by this Friday, December 7th.
If you are happy with your current Medicare coverage, you don’t have to do anything. Your Medicare Advantage plan, or your Part D plan will roll over for 2013.
If you have some issues with your Medicare Advantage plan or Part D plan, you need to act quickly because the deadline for for most people to make a change is this Friday, December 7th.
Who is not affected by the Open Enrollment deadline?
If you have a Medicare supplement and the premium has gone up more than 20%, you might consider changing to another company – and the December 7th deadline does not apply to you. You can change your Medicare supplement at any time during the year (if you are healthy or in a guaranteed issue period).
If you are turning 65 in December or January (or later) the December 7th deadline does not apply to you.
If you have employer retiree coverage you are thinking about dropping (if you can), the December 7th deadline does not apply to you.
If you have recently moved to Arizona, or a new state, the deadline does not apply to you.
If you get help with your Part B premium or your drug costs, you can change your Medicare Advantage plan or your Part D plan any time during the year.
If you have Medicare AND Medicaid (AHCCCS in Arizona), you can change your Medicare Advantage plan any time during the year.
Making changes? Doctors and Drugs need to be checked.
Don’t wait until the last day of Open Enrollment (Friday, December 7th) to make a change. You can’t just pick another Advantage plan or Part D plan. You must be sure your doctors are in-network if you are considering a Medicare Advantage plan. And you must make sure your drugs are covered and what your cost will be.
If you make the wrong choice because you did not do your research (or have an insurance agent do this for you), you will be stuck in that plan for all of 2013.