Like other types of health insurance, Medicare has an Annual Enrollment Period (AEP). You want to be as prepared as possible heading into the enrollment period so you can be sure that you are staying on or changing to the best possible health plan for your current needs and budget. Click here for five helpful questions to answer before the AEP.
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What you need to know about Medicare Annual Enrollment Period 2021
You will want to know the dates for Medicare Annual Enrollment for 2021 because this is the window where you can make changes to your Medicare health and drug coverage that will take effect on January 1, 2021.
Medicare AEP for 2021 coverage is from Thursday, October 15 to Monday, December 7, 2020. Note that you may also see this same time frame referred to as the 2021 Medicare Annual Election Period.
There are also other enrollment periods that you may be wondering about:
The initial enrollment period (IEP) is a seven-month window around a person’s 65th birthday where they can sign up for Medicare Part A and/or Part B. It begins three months before the birthday month, includes the birthday month and extends three months after the birthday month.
The General Enrollment Period is available to seniors who didn’t sign up for Medicare Part A and/or Part B when they were first eligible AND who aren’t eligible for a Special Enrollment Period. It runs between January 1–March 31 each year.
Seniors can use a Special Enrollment Period (SEP) to enroll in Medicare Part A and/or Part B if they missed their IEP because they were still covered by a group health plan through their own or their spouse’s job – or through a family member's job, if they have a disability. The SEP is an eight-month time frame that starts the month after the job ends or the month after the group health plan from the job ends.