NCOA: Medicare Part D & Medicare Advantage: Open Enrollment Period

Shared to us from our colleagues at NCOA: 

The annual Open Enrollment Period (OEP), which runs October 15 through December 7, is
the time of year when your clients can make changes to their Part D and Medicare
Advantage coverage. They can use this time period to enroll in a drug plan, or change how
they get their Medicare benefits such as going from Medicare Advantage to Original
Medicare, or vice versa. When they make any of these switches they should pay careful
attention to assuring their drug coverage status. Any changes your clients make related to
the OEP take effect on January 1, 2014.
Here we offer a compilation of OEP-related resources including links to fact sheets, handy
charts, cheat sheets, guides, and more to help you in your counseling work. We will
continue to update and add to this list as additional information about the 2014 plan year is
made available from the Centers for Medicare & Medicaid Services (CMS).

Unique to 2014
Check out What to Expect in 2014, an overview of key changes that affect Medicare
and other health insurance programs starting in 2014
Review CMS state-by-state Fact Sheets, which outline the Medicare health and
drug plans available in every state in 2014.
Get list of 2014 national drug plans from CMS (click on 2014 Plan and Premium
Info for Medicare Plans Offering Part D Coverage, and open the Medicare Part D
Plan Report excel file)
Download our fact sheet about Part D average premium and benchmarks in 2014,
and get Part D cost-sharing information
Learn more about discounts in the Part D Coverage Gap
Find out the LIS/Extra Help regional benchmarks for 2014 (see page 2)
Understand the Part D late-enrollment penalty and how it’s calculated
Keep in mind the annual Medicare Advantage Disenrollment Period (MADP)

Continue reading document here: http://www.ncoa.org/assets/files/pdf/center-for-benefits/part-d-annual-enrollment-period.pdf?utm_source=BenefitsAlert_131120&utm_medium=newsletter&utm_campaign=BenefitsAlert

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