When it comes to Medicare, it’s important to research coverage options to find a plan that works for you and provides the benefits you need. One of the most popular ways to obtain your benefits is through a Medicare Advantage plan, in part because there are many different types of coverage options available. The specific …
Each year before the Medicare Annual Enrollment Period (AEP) arrives, it’s smart to prepare for this opportunity to review your coverage. Finding the right Medicare plan that meets your needs can be challenging; however, there are local independent Medicare insurance agents that can, at no cost, offer you assistance with your plan evaluation and research. …
The Annual Enrollment Period (AEP) presents Medicare beneficiaries like yourself with the opportunity to change your existing coverage choice each year from October 15 – December 7. It’s easy to be overwhelmed by all the available options for Medicare Advantage plans (formally referred to as Medicare Part C plans) and Part D prescription drug plans, …
How to Evaluate Your Medicare Advantage and Part D Plan Options During AEP Read More »
If you wish to make changes to your Medicare Advantage (sometimes referred to as a Medicare Part C plan) or Medicare Part D prescription drug plans, you can do so during the Annual Enrollment Period (AEP). AEP, which stands for the Annual Election Period, begins on October 15 and ends on December 7 every year. …
The Annual Enrollment Period & Changing Your Medicare Coverage Read More »
Medicare Part D does not cover 100% of your prescription drug costs. There is a well known gap in this coverage that leaves many beneficiaries paying more than they expected, popularly known as the Medicare donut hole. Let’s discuss what it is and why it’s important to learn how you can potentially lower your costs. …
Once you have enrolled in Medicare, you have two main time frames during which you can change your Medicare coverage: during the Medicare Annual Enrollment Period (AEP) that runs from October 15 through December 7, and during the Medicare Advantage Open Enrollment Period that runs from January 1 to March 31 each year. You should …
Factors to Consider When Changing Your Medicare Coverage Read More »
It is common for Medicare enrollees to discover that their existing Medicare plan no longer suits their needs. Many beneficiaries reevaluate their coverage options after changes to their medical, financial or living situations. Here is what you need to know if you end up wanting to change your existing Medicare benefits. Annual Open Enrollment Period …
Only three years ago, over 17 percent of the United States population was covered by Medicare. As Baby Boomers and members of Gen X continue to age and retire, an increased number of people will require Medicare coverage and assistance in choosing the right plan. Although Original Medicare provides good health coverage, it may not …
If you are an existing Medicare beneficiary, here are six things you can change during the Annual Enrollment Period. First, let’s clarify what the Annual Enrollment Period is and why it matters. What is the Annual Enrollment Period? The Annual Enrollment Period (AEP) runs annually from October 15th-December 7th and is when Medicare beneficiaries can …
What 6 things can you change during the Fall Annual Enrollment Period for Medicare? Read More »
Many people have heard of the term formulary, but might not know what it is and how it impacts your Part D benefits. Whether you are enrolling for the first time, or are currently receiving benefits under a Part D prescription plan, you will need to understand the importance of the term Medicare Part D …
