Making the Most of the Medicare Annual Election Period

(StatePoint) Medicare Advantage (MA) plans are increasingly popular, offering robust benefits including vision, health, dental, drug coverage and more. For the more than 22 million people with an MA plan, the Medicare Annual Election Period (AEP), running from Oct. 15-Dec. 7, is the only time each year when they can shop for alternate plans.

“Health care is one of the most important investments you’ll ever make,” says Brian Evanko, who heads Medicare for Cigna, which serves more than 3 million Medicare customers nationwide through its various plans. “For those unsatisfied with their MA plan, the AEP provides a valuable opportunity to shop for a new one that better meets their specific needs.”