Medicare open enrollment for 2019 is underway and runs until December 7, 2018. During the annual enrollment period, you may make changes to various aspects of your coverage:
- You can switch from Original Medicare to Medicare Advantage, or vice versa.
- You can also switch from one Medicare Advantage plan to another or from one Medicare Part D (prescription drug) plan to another.
- If you did not enroll in a Medicare Part D plan when you were first eligible, you can do so during the general open enrollment, although a late enrollment penalty may apply.
If you are already enrolled in a Medicare Part D prescription plan or a Medicare Advantage Plan and you do not want to make changes to your coverage for the coming year, you do not need to do anything during open enrollment, assuming your current plan will continue to be available. Be aware that your benefits and premium could change from one year to the next. Even if you are confident that you want to keep your current coverage for the following year, it is important to make sure you understand any changes that may apply and that you double checked to make sure your current plan is still the best available option. The available plans and what they cover changes from one year to the next, so even if the plan you have now was the best option when you shopped last year, it is important to review your information before you lock yourself in for another year. For more information on Medicare Open Enrollment, visit Medicare.gov.