Medicare Annual Election Period (AEP) — otherwise known as Medicare Open Enrollment — begins October 15 and concludes December 7, 2020. With nearly 1,000 Baby Boomers retiring every day, more consumers are eligible for Medicare than ever before. Now, as the Annual Election Period approaches, it’s important insurance professionals are prepared to answer their clients’ questions about Medicare professionally and accurately.
Changes Allowed During the Medicare Annual Election Period
The Open Enrollment Period (or Annual Election Period) applies to Medicare Advantage (also known as Medicare Part C) and Medicare prescription drug coverage and runs from October 15 through December 7, 2020. During the Medicare Annual Election Period, consumers will be able to:
- Switch from Medicare Advantage back to Original Medicare
- Disenroll from Original Medicare and enroll in Medicare Advantage
- Change from one Medicare Advantage plan to another
- Sign up for a Part D prescription drug plan
- Change from one Part D prescription plan to another
- Cancel their prescription drug coverage
Any changes made during the Medicare Annual Election Period (AEP) will take effect on January 1, 2021.
Medicare Courses from WebCE
One of the best ways to prepare to answer your clients’ Medicare questions is through continuing education courses — and with courses from WebCE, you’ll have a head start on your CE for the year while brushing up on important information about Medicare. WebCE’s courses are continually updated so you can always trust you’re getting the latest information.
WebCE offers a wide-ranging selection of courses that will be helpful during this Annual Election Period, including:
WebCE’s convenient online platform makes completing Medicare courses easy and stress-free, and with WebCE, you can study and learn anywhere you want, all on your own schedule. To order these courses and find others, click the button below for WebCE’s full Insurance catalog.
WebCE Catalog