Medicare Open Enrollment is from October 15 through December 7, 2022. That’s a lot of time to prepare. So don’t wait. Get organized now by taking a few minutes to read this simple guide, think about your health needs and begin to gather the materials you’ll need to enroll in a plan that meets your specific needs.

Are you planning to sign up for Medicare during the upcoming open enrollment period? Looking for ways to reduce your medical expenses? Call us at (561) 420-0280 or click here to learn more. We help our clients in Palm Beach County and the Treasure Coast sign up for Medicare to obtain the affordable healthcare coverage they deserve.

What is Medicare?

Medicare is a federal program that helps pay for the health care costs of people who are 65 or older. It was created in 1965 and was designed to provide health insurance for senior Americans as well as those with certain disabilities and end-stage renal disease. This program is funded by the Federal Government but administered at the state level by private insurance companies.

There are two key parts to the Medicare program: Part A and Part B. Part A helps cover hospital stays and other medical expenses, while Part B covers doctors’ visits, lab tests, and other medical needs. There are also options for coverage through Medicare Advantage Plans (Part C) or Prescription Drug Plans (Part D).

Is the Medicare Open Enrollment Period the Only Time I Can Sign Up?

Everyone who qualifies for Medicare can enroll up to three months before their 65th birthday. This initial enrollment period ends three months after the month you turn 65. The open enrollment period was designed to allow you to sign up if you missed that initial enrollment period deadline.

Another great benefit of the Medicare open enrollment period is that if you already have Medicare, you can make changes to your existing plan. If you are already enrolled in Medicare the open enrollment allows you to:

  • Change your Part D Medicare plan or add it to your existing plan. A late enrollment penalty fee may apply If you didn’t sign up during your initial enrollment period.
  • Change your Medicare Advantage plan.
  • Switch to Medicare Advantage. You must already be enrolled in Part A and Part B.
  • Switch to Original Medicare plus Part D and possibly Medigap from your current Advantage plan.

Absolute Best Insurance Will Guide You to Help You Choose the Right Medicare Plan.

Don’t go through the process alone, let one of our agents help you navigate the application process at no additional charge. We look for every available discount and make sure you get complete coverage that takes care of all your health care needs. Call Absolute Best Insurance in Greenacres, Port St. Lucie, and Boca Raton at (561) 420-0280 or click here.