Medicare Open Enrollment 2017
Medicare OEP 2017 | Medicare AEP 2017
Medicare beneficiaries who want to make changes to their prescription drug plans or Medicare Advantage coverage may do so starting October 15th, 2016.
This is when Medicare’s annual open enrollment 2017 period begins. This year, there might be somewhat fewer advantage plans to pick from, but in general you may still expect plenty of options.
Although some Medicare premiums in 2017 is expected to increase by over 3%, they are not expected to rise markedly more overall in 2017 and in some cases could actually decline. Some individual plans have signaled significantly higher rates. Instead of relying on a sticker price of a plan alone, it is vital that beneficiaries compare options in their area to make sure they are in the plan, which covers doctors and drugs they need at the best prices.
The annual Medicare Advantage Plan open enrollment period is a once a year opportunity for you to switch from a traditional Medicare or a private Medicare Advantage plan or vice versa. Open enrollment will end December 7th.