Presented By: Laverna Witkop Ford Insurance Agency

 Medicare Open Enrollment (New to Medicare)  Medicare Annual Enrollment (AEP)  Affordable Care Act Open Enrollment

 ICEP  Disabled  Lose Coverage

 During open enrollment ◦ Medigap (Medicare Supplement) ◦ PDP ◦ Medicare Advantage Plan (MAPD)

 Part A is automatic  Part B & D requires enrollment  ICEP ◦ 3 months before age 65 month to 3 months after ◦ 7 month enrollment time  Part B- $104.90/mo for most Americans  Part D- PDP price vary widely depending on insurance company and drug formulary.  Penalties for not enrolling for B & D on time

 Loss of coverage ◦ Employer  Moving ◦ Out of state ◦ Out of county

 October 15-December 7  Open enroll in Medicare Advantage Plan (MAPD)  Open enroll in Prescription Drug Plan (PDP)  Change your MAPD or PDP to another carrier  Does not affect Medigap (Medicare Supplemental)

 Similar to open enrollment with any business that offers health insurance  Currently have original Medicare A & B only ◦ Want to purchase a MAPD or PDP  Move from one insurance carrier to another ◦ Price ◦ Doctor Network ◦ Customer Service ◦ Agent representation

Open Enrollment Information

 Opens: November 1, 2015  Closes: January 31, 2016

 New to purchasing health care coverage  Change plans ◦ Price ◦ Network ◦ Customer service ◦ Agent representation

 Enroll throughout year due to qualifying events: ◦ Loss of coverage ◦ Marriage ◦ Divorce ◦ Child birth ◦ Adoption ◦ Move ◦ Citizenship ◦ Income change ◦ Etc.