Open enrollment is a period of time each year that you can or have to sign up for new health insurance benefits (if you don’t already have them) or change existing benefits. It has a lot to do with how old you are and if you receive Medicare benefits or not.
If you are on Medicare or over 65, your open enrollment for 2021 is October 15, 2020, to December 7, 2020. If you are enrolled in Medicare and a Medicare Advantage plan (Part C) or have a prescription drug plan (Part D), you can change your benefits or change carriers during this time.
If you have a Medicare supplement, you are not affected by this open-enrollment period. However, many are on a Medicare Supplement carry a separate prescription drug plan (Part D). A Prescription-Drug Plan (Part D) can be changed during this open-enrollment period. Medicare Supplements can be changed anytime if you meet health underwriting qualifications.
If you are under the age of 65 and not on Medicare, open enrollment for the Federal Marketplace (Healthcare.gov) runs from November 1, 2020, to December 15, 2020. If you do not have healthcare insurance, you can sign up for coverage between those dates.
Please make an appointment to discuss your options with us.