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Showing posts with the label medicare aep vs oep

OEP vs. AEP: Which Enrollment Period is Right for You?

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When it comes to Medicare, understanding the various enrollment periods is essential for making informed decisions about your healthcare coverage. Access Health Care Physicians, LLC, is here to help you navigate the differences between OEP (Open Enrollment Period) and AEP (Annual Enrollment Period) to determine which is the right choice for you. Medicare provides vital healthcare coverage for millions of Americans, and selecting the right enrollment period is crucial to ensure you have the right plan for your needs. Let's explore the differences between AEP and OEP and help you make an informed choice. What is AEP (Annual Enrollment Period)? Time Frame: AEP occurs annually from October 15th to December 7th. Purpose: During AEP, Medicare beneficiaries can review and make changes to their Medicare Advantage (Part C) and Medicare Prescription Drug (Part D) plans. Changes Allowed: You can switch from Original Medicare to Medicare Advantage, change your Medicare Advantage plan, or s

Medicare AEP and OEP 2023: Are You Ready?

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Medicare beneficiaries have two crucial periods in the year to make changes to their coverage: the Annual Enrollment Period (AEP) and the Open Enrollment Period (OEP). In this article, we'll explore what AEP and OEP stand for, the differences between the two, and how primary healthcare providers like Access Health Care Physicians, LLC , can assist you in making informed decisions during these periods. Understanding AEP and OEP: AEP (Annual Enrollment Period): Annual Enrollment Period is the time each year when Medicare beneficiaries can make changes to their existing Medicare Advantage (Part C) and Prescription Drug (Part D) plans. It typically runs from October 15th to December 7th. OEP (Open Enrollment Period): Open Enrollment Period , also known as the Medicare Advantage Disenrollment Period, allows individuals who are enrolled in a Medicare Advantage plan to switch back to Original Medicare (Part A and Part B) and, if needed, enroll in a standalone Part D plan. OEP takes pla