Changes to healthcare coverage happen every year. What’s currently covered? Can you still see your doctor? How can you keep health insurance affordable on a set income? We understand how overwhelming Medicare can feel, but we’re here to simplify it for you.
As the Medicare Open Enrollment period approaches, it’s crucial to know the best options to suit your healthcare needs. The annual enrollment period is from October 15 to December 7th, 2025, and any plan updates go into effect on Jan. 1 of the following year. Additionally, standard premiums are projected to increase approximately $22 per month.
Whether you’re considering adjusting your current plan or exploring new benefits, we’re here for you every step of the way. And our team is here to answer any individual questions you may have; we’re always happy to take your call.
“Our mission is to ensure you have peace of mind with every healthcare decision you make.” —Bob McKnight
What is Medicare Open Enrollment Period?
Medicare’s annual Open Enrollment Period, known as the “Medicare Advantage and Prescription Drug Plan annual election period,” “annual enrollment period” or “AEP,” takes place each year from Oct. 15 through Dec. 7. This is when people can choose or change their Medicare coverage. Accepted coverage changes go into effect on Jan. 1 of the following year.
There are other times during the year when a person can enroll in a plan, such as the Medicare Advantage Open Enrollment, held each year from January 1 through March 31, or Special Enrollment Periods. Those are explained in more detail below.
Don’t leave your health protection to chance. Contact us to get personalized guidance and healthcare coverage tailored to your unique needs. Let’s work together to ensure you have the affordable health insurance you deserve with Medicare. During your consultation, expect to:
- Review your current Medicare plan
- Understand new benefits and options
- Get personalized expert advice from our dedicated team
- Secure your healthcare coverage today – in as little as 15 minutes!
What can you do during the Medicare Open Enrollment Period?
People already enrolled in Medicare can make changes to their Medicare plan coverage, including:
- Switch from Original Medicare to a Medicare Advantage Plan (or back again – options.)
- Choosing a Medicare Advantage Plan with or without prescription drug coverage
- Switching Medicare Advantage Plans
- Joining, changing, or leaving, a Medicare Part D Plan
- Opting for a private insurer altogether
What should I consider during Medicare’s Open Enrollment?
When you shop for Medicare plans during open enrollment with us, some coverage details to consider include:
- Out-of-pocket costs —premiums, deductibles, copayments and any other payments not covered by Medicare
- Prescription drug coverage—eligibility requirements, medication coverage (generic vs. brand name) costs, etc.
- Healthcare needs—Think about potential upcoming surgeries or doctor appointments you may have in the coming year
- Travel plans—Original Medicare doesn’t typically cover services overseas, so if you plan on traveling out of the country next year, you might consider buying a supplemental insurance plan that will cover you in case of a health care emergency.
What different parts of Medicare are available during open enrollment?
Great news! All 4 parts of Medicare are available during the Open Enrollment Period. Let’s review a general overview of your care options:
Original Medicare (Parts A and B)
Original Medicare, provided by the Federal government, comes in 2 parts—Part A and Part B:
- Medicare Part A is hospital insurance. There are no added premium costs if you’ve paid payroll taxes for at least 10 years.
- Medicare Part B is medical insurance. It requires you to pay premiums, copays and deductibles, like private insurance companies. The 2025 Part B premium is $185 or higher, depending on your income. The 2026 Medicare Part B standard premium is projected to be $206.50 per month (an increase from $185 or higher in 2025).
However, it’s important to note that original Medicare doesn’t cover everything. If you need prescription drugs or routine vision, dental or hearing care, then you may want to consider additional plan options.
Medicare Part C (Medicare Advantage) and Medicare Part D (Prescription Drug Coverage)
Beyond Original Medicare, there is further coverage through Parts C and D:
- Medicare Part C (Medicare Advantage) is offered by private insurers and often combines Parts A, B and D in 1 plan.
- Medicare Part D is prescription drug coverage. It is an optional stand-alone prescription drug plan offered through private companies.
Many Medicare Advantage plans include coverage for prescription drugs and may offer dental, vision and hearing benefits. You may need to pay a monthly premium in addition to the Part B premium, but it might be worth it to you based on your personal healthcare needs.
During our phone call or online appointment, we’ll discuss all your options, ensuring the Medicare plan you select will fully take care of you.
Make The Best Medicare Choice
Remember, the choices you make now can impact your healthcare for the year ahead.
As you prepare to make decisions during this pivotal period, keep your changing health needs in mind. Together, we’ll review your current plan and explore available options to find the right Medicare coverage for you.
Reach out to McKnight and McKnight Insurance and let us help you through the Medicare Open Enrollment process with confidence and care. Our family is proud to help yours select the most suitable Medicare coverage.
Just as we did for Chris:
“This year was extra special because Bob walked me through what I thought would be a nightmare. Medicare! I highly recommend Bob to everyone! You cannot go wrong with someone who gets it all right!!” –Chris
For a free quote, call (813) 792-2301.
