Part D Beneficiaries Save Hundreds by Switching Plans During AEP

According to the Medicare Prescription Plans 2024 Study from the American Association for Medicare Supplement Insurance (AAMSI), Part D beneficiaries can significantly save money by switching drug plans during the Annual Enrollment Period (AEP). As licensed agents, it’s important to help your clients understand the value of switching plans during AEP, since it can save them hundreds of dollars. Seniors may be hesitant to rush into switching plans because the AEP season is so short at only 62 days. Part D itself can also be so complex and confusing, members want to be secure and confident in their plan choice.