Medicare enrollment and eligibility are not always simple to understand or navigate. Not only are there a lot of dates to remember, there are a lot of scenarios and eligibility requirements to consider. This guide helps explain all the different enrollment periods — and their tricky acronyms — as well the dates you should keep in mind and state-specific information you should consider when enrolling.
While all enrollment periods are important, special attention should be paid to OEP/AEP (Open/Annual Enrollment Period) because it allows Medicare beneficiaries to make changes to their plans. Because premiums and out-of-pocket costs can change from one year to the next, enrollees should take the OEP/AEP time to evaluate their options. In this process, many Medicare participants may be able to find cost savings and better coverage to fit their individual needs.
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