Medicare Annual Coordinated Election Period

Are you turning 65, looking to switch your Medicare provider, or caring for an elderly parent that is receiving Medicare? Here is a quick explanation of this period and how it affects you.

Medicare: Annual Coordinated Election Period (AEP)

The Annual Coordinated Election Period runs from November 15 through December 31, 2009. During this time beneficiaries may change prescription drug plans, change Medicare Advantage plans, return to original Medicare, or enroll in a Medicare Advantage plan for the first time. Enrollment changes take effect on January 1.

With so many different Medicare Part D providers, it is important to do your research to get ready for November 15th and the Medicare AEP period.