Know The Facts About AEP

Medicare
Annual
Enrollment Period
Oct.15th - Dec. 7th

IBN can help you better understand
your Medicare options and make sure
you’re getting all the benefits you deserve.

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When is the Medicare Annual Enrollment Period?


Every year starting on October 15 thru December 7th is the official Medicare Annual Enrollment Period (AEP). During this time, all Medicare recipients can make changes to their coverage policies and compare new benefit options. 

Medicare plans change annually, oftentimes during AEP people find a more affordable plan with greater coverage than the year before. It's a good habit to revisit your Medicare plan in the fall and visit our office - were we can help navigate the details of your health and prescription drug coverage for the coming year.

Annual Enrollment Periods Dates

October 15, 2023

This is the start date of the Annual Enrollment Period for Medicare Advantage & Prescription Drug Plans.

December 7, 2023

This is the end date of the Annual Enrollment Period for Medicare Advantage & Prescription Drug Plans.

January 1, 2024

If you updated or enrolled in a plan during the Annual Enrollment Period, your new Medicare coverage starts on the first day of the New Year. 

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Frequently Asked Annual Enrollment Questions

There are many unknowns when it comes to Medicare, but we’ve put together some of the most frequently asked questions about AEP for you.

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 your options.

When is the Medicare Annual Enrollment Period (AEP)?

The Annual Enrollment Period is from October 15 - December 7 each year. During the Medicare Annual Enrollment Period (AEP) you can revisit your coverage options. It gives you the time to make sure your insurance is best suited for your needs.

How do I enroll in a Medicare plan during the Medicare Annual Enrollment Period?

You can enroll in a Medicare plan during AEP by getting in touch with us. We help compare the Medicare options available to you and guide you through every step of the enrollment process. Schedule an appointment with a licensed agent by clicking HERE!

Why is the Medicare Annual Enrollment Period important?

AEP is important because Medicare plan details can change annually, making it a good idea to compare your options each fall to confirm your health and prescription drug needs are covered for the coming year. Even if you’re happy with your current Medicare plan, reviewing it during AEP could help you make sure you’re not overpaying or missing out on any additional benefits, such as dental, hearing, vision or prescription drug coverage.

Do I have to change my Medicare coverage during the Annual Enrollment Period?

You don’t have to make changes during AEP, but Medicare plans tend to change, so it can be beneficial to compare your options annually to ensure you’re still receiving the benefits you deserve at a price that works with your budget. Call (727) 491-7260 to speak with a licensed agent.