When you turn 65, or enroll in Medicare Part B for the first time (whichever comes later), you become eligible for your Medicare Open Enrollment Period.  This period begins 3-6 months before your 65th birth month, or Part B enrollment month (if you are delaying enrollment into Part B), and continues for 3-6 months after your Part B effective date.  During the Open Enrollment Period you are guaranteed approved on any Medicare-approved plan, including Medicare Supplement, Medicare Advantage Plans, and Medicare Part D Drug Plans regardless of pre-existing conditions.  Contact Selby Insurance & Financial to help you navigate the ins and outs of Medicare sign up.  

Medicare Supplement (otherwise known as Medigap) plans are guaranteed renewable for life. No requirement to change each year.  Medicare Advantage and Part D Plans are offered on a year-to-year basis and renew each year on January 1st. The Annual Enrollment Period starts on October 15th and runs through December 7th.

​

Per government guidelines, Medicare Supplement (Medigap) Plans must be standardized. This means that
every company must offer the same exact benefits.  The only difference is PRICE.  Medicare Advantage Plans can differ from company to company as well as in different counties.

​

All standard Medicare Supplement plans are accepted at any doctor that accepts Medicare NATIONWIDE.  Medicare Advantage Plans can be either a PPO, HMO, or PFFS plan.  This means that Medicare Advantage Plans will have a network that you have to abide by when using medical providers.