Open Enrollment Clarified

As Medicare Open Enrollment approaches, there still seems to be lots of confusion surrounding whether or not this traditional open enrollment period is integrated into ACA (Obamacare) open enrollment.  The short answer is no.  While both open enrollment periods overlap each other, adding to the confusion, they are separate programs and will remain separate enrollment events.

If you are 65+ or about to be 65, your Medicare will remain unaffected by ACA(Obamacare).  You still get basic parts A and B, and still get to change/add additional coverage from private insurers during the Medicare Open Enrollment period.  This period was and is still designed to let seniors add additional coverage, while keeping them from purchasing insurance only when their health declines.  It is essentially a way for insurance providers and insurance holders to “play” fairly and not take advantage of the system.  This period is highly regulated and also protects seniors against uncertified, unlicensed, and unethical insurance practices and companies.  The Medicare Open Enrollment period begins Oct 15th and runs through Dec 7th.

The ACA(Obamacare) Open Enrollment period is different, and is for individuals that are not currently insured or looking to change insurance plans.  These people are UNDER 65 and NOT enrolled in Medicare or a Medicare Advantage plan.  If you are a senior reading this or are taking care of a senior, make sure you note this difference or consult with a Medicare specialist if you are still confused.  The Open Enrollment Period for ACA(Obamacare) is October 1st through March 31st.

If you need help during the Open Enrollment period adding or changing additional coverage like Medicare Supplements, Medicare Advantage plans, or Medigap plans, please give us a call.  We not only provide information about different plans, but provide quotes from all of the major carriers as well.  Call 1-888-278-5126 to speak with a SeniorQuote representative today.