The enrollment opportunities for Medicare in 2024 are as follows:
- Medicare Annual/Open Enrollment Period (AEP/OEP): This period gives everyone with Medicare the opportunity to make changes to their prescription drug plans or health plans for coverage beginning January 1, 2025. The Open Enrollment period starts on October 15, 2024 and ends on December 7, 2024.
- Medicare Advantage Plan Enrollment Period (MAOEP). If you are enrolled in a Medicare Advantage Plan, you can switch plans or return to Original Medicare and join a separate Medicare drug plan from January 1, 2024 – March 31, 2024.
- Special Enrollment Periods (SEPs): SEPs allow you to make changes to your Medicare Advantage and Medicare drug coverage when certain events happen in your life, like if you move or lose your other coverage. The types of changes you can make, and the timing, depend on your life event.
- Initial Enrollment Period (IEP): If you’re turning 65, your initial enrollment period for Part 1 and Part B begins three months before the month of your 65th birthday and ends three months after it. You do not have to sign up during this time if you are already covered under an employer group health plan, either yours or your spouses.
- End of Group Health Plan (SEP): This SEP allows you to sign up for Medicare without penalty any time while you’re still covered by your employer group health plan, and up to 8 months after you lose your group health coverage.