Glossary

Annual Enrollment Period

The yearly window when people with Medicare can change their Medicare Advantage or drug plans.

In plain English

Medicare's yearly chance to switch plans.

Why it matters when choosing a plan

Plans change every year, so it is a good moment to review yours.

Related terms

  • Initial Enrollment Period

    The initial enrollment period is a specific window of time when you first become eligible for Medicare. For most Americans, this seven-month window is a critical opportunity to secure health coverage without facing late enrollment penalties or medical underwriting.

  • Medicare Part C

    Understanding Medicare Part C is essential for any American approaching age 65 or those currently managing their healthcare costs. While Original Medicare provides a solid foundation, it often leaves gaps in coverage that can lead to significant out-of-pocket expenses.

  • Medicare Part D

    Navigating the world of prescription drug coverage is a critical step in managing your long-term health and financial stability. Medicare Part D is the federal government's program designed to help Medicare beneficiaries pay for self-administered prescription drugs.