Annual Election Period
Medicare Annual Election Period (AEP) from October 15 until December 7
It is the time of year when you get overwhelmed with solicitations regarding your Medicare Advantage Plan aka Medicare Part C and your Medicare Prescription Drug Plan aka Part D.
This year there will be lots of changes. Many plans will be discontinued or changed. Unlike prior years when your plan would renew automatically, this year there is a high probability you need to enroll in a different plan. It may be with your current company, or with a different company.
The reason for these changes is the Inflation Reduction Act which caps how much you can spend on prescription medications at $2,000 per year. This has resulted in companies having to rearrange the benefits matrix.
Many plans are being discontinued, and you must re-enroll in another plan.
- Premera Blue Cross will stop offering Medicare Advantage
- Regence Blue Shield will have limited options in King County and will stop offering plans in Clallam, Columbia, Cowlitz, Grays Harbor, Island, Jefferson, Kitsap, Lewis, Mason, Skagit, Wahkiakum, Walla Walla, and Whatcom Counties
- Molina will only offer plans to people receiving Medicaid.
- Humana, Aetna, and United Healthcare will discontinue many plans and you will need to re-enroll and
- Despite the many changes, there are excellent plans, offering Dental, Vision, Over-the-Counter Stipends, and Fitness Reimbursements.
An easy way to review your options is on Allstarfinancialinsurance.com/shop-for-medicare-insurance/ Look up your medications and ensure your doctors accept the plan.
Have a Question?
Call 425-814-6378
Feel free to reach out to me with any questions. You will not speak to a machine, and I will return all my messages.
Do you have family, friends, or associates who have questions about who’s, what’s, why’s, and when’s regarding Medicare and want to speak with someone who can answer their questions?
Maybe they are getting so many phone calls, all asking “Are you getting all the benefits they are entitled to and just want to talk to someone they can trust?
I’ve been helping people since 1993, and as a broker, I can answer your questions and compare options and choices. Share my name, I’m happy to help.
During the Annual Election Period:
- If you are not currently enrolled in either a Medicare Advantage Plan aka Part C or a Medicare Prescription Drug Plan aka Medicare Part D you can enroll, and you cannot be refused.
- If you are already enrolled in a plan you can switch to a different plan or company.
- Please note with Medicare Advantage aka Part C there are no restrictions regarding pre-existing conditions.
- Medicare is Medical Insurance for people age 65+ and people who’ve been receiving Social Security Disability Insurance for longer than 2 years.
- You need to know your 11-digit Medicare number to enroll in a plan.
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. If you would like to find more information about the Medicare program please visit the Official U.S. Government Site for People with Medicare located at http://www.medicare.gov
This is a proprietary website and is not associated, endorsed or authorized by the Social Security Administration, the Department of Health and Human Services or the Center for Medicare and Medicaid Services. This site contains decision-support content and information about Medicare, services related to Medicare and services for people with Medicare.
