Medicare Open Enrollment Begins Oct. 15

Are you currently enrolled in a Medicare Prescription Drug Plan or Medicare Advantage Plan?  If so, you’re eligible to make changes to your plan beginning Oct. 15.

The Medicare Open Enrollment Period runs until Dec. 7 with plan changes effective Jan. 1, 2016.

While everyone has the same benefits available through Original Medicare, prescription drug plans and Medicare Advantage plans vary by the county of residence.  Those eligible for Original Medicare (Parts A & B) include:medical symbol 3

  • Individuals at age 65,
  • Individuals under age 65 and qualifying on the basis of disability, and
  • U.S. citizens or legal residents who have lived in the U.S. for at least five consecutive years.

If you’re currently enrolled in a Medicare Supplement Plan, this open enrollment period does not apply to this particular policy.  Your coverage automatically renews for your supplement plan each time you pay your premium and you never need to reapply.

For additional information or assistance, contact a licensed and certified Caravus Individual Market consultant.  Our consultants can provide an analysis exploring alternative Medicare Prescription Drug or Advantage plans to ensure you’re enrolled in the best benefits for your needs.