CRACKING THE CODE Understanding Medicare Parts C and D

Chapter 5: Navigating Medicare Enrollment

Enrollment Periods and Deadlines for Parts C and D Understanding enrollment periods and deadlines is crucial for ensuring timely access to Medicare coverage:

Initial Enrollment Period (IEP): The IEP is the initial opportunity for beneficiaries to enroll in Medicare when they first become eligible. For most beneficiaries, the IEP begins three months before their 65th birthday, includes their birth month, and extends for three months afterward. Annual Enrollment Period (AEP): The AEP, also known as the Open Enrollment Period, occurs annually from October 15 to December 7. During this period, beneficiaries can make changes to their Medicare coverage, including enrolling in, switching, or disenrolling from Medicare Advantage and Prescription Drug Plans. Special Enrollment Period (SEP): Special Enrollment Periods are available to beneficiaries who experience qualifying life events, such as moving to a new area with different plan options, losing employer sponsored coverage, or qualifying for Extra Help with prescription drug costs.

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