Medicare Annual Enrollment is here, which means it’s the perfect time to check in on your healthcare coverage. Our lives are always changing, so what worked last year, might not work for your needs this year. But how can you tell which Medicare plan is best for you? An excellent question! There are several factors that go into reviewing your current plan and one way to make sure you get it right every time.
It’s Time to Review Your Current Plan
October 15th marks the beginning of Medicare’s Annual Enrollment Period (AEP). AEP is the best time of the year to review your current Medicare plan and make sure it is serving all of your needs.
During the Annual Enrollment, you have a limited time to consider your healthcare needs, review your current plan, compare other plans, and enroll. There are a lot of factors to take into consideration when reviewing your plans, so let’s look at each step a little closer.
Consider your healthcare needs: This means gathering a list of your prescription drugs and looking at all the care you received over the last year to help you predict what care you will need in the next year. Knowing what you might need will help you choose a plan.
Review your current plan: Your plan’s annual notice of change, which you may have already received, will tell you any changes to your plan. This form is particularly important, as there may be changes to your plan that no longer make it the best option for you.
Compare plans: When thinking about changing your Medicare plan, it’s best to look at every factor to make sure you’re getting the best coverage for your needs. You need to compare the costs of plans, as well as whether or not your doctors and prescriptions are covered.
The last step is to enroll! If you’ve reviewed your notice of change and everything seems to be in order, you don’t need to do anything. However, if you’re switching plans, there may be several steps depending on the kind of changes you’re making.
You can do all of this, review and switch plans, on your own, but we understand that it can be an overwhelming process. CORE Insurance Advisors are standing by to help you get the most out of your Medicare plan this AEP.
Talk with a Medicare Agent
With everything that goes into reviewing and enrolling in Medicare plans, we recommend talking to a professional Medicare agent. Agents are highly trained and know the Medicare business backward and forward. This means that they know how to make sure you’re getting the Medicare coverage that best fits your needs.
Medicare agents are with you every step of the way to answer all of your questions, review your current plan, and get you the best premiums and benefits on new plans. Our tools and years of experience allow us to make switching plans easy for you.
Whether you’re new to Medicare or a long-time beneficiary, a Medicare agent can help you sort through all of the information and after a few questions, find and enroll you in the right plan. Medicare agents will also be with you for all your future needs. They will review your Medicare plans yearly, support you through any life changes, and give you continued peace of mind knowing that someone is always on your side.
Finding the best Medicare plan for you shouldn’t be difficult. At CORE Insurance, we’re here to help. Download our free guide to getting the most out of your appointment today so you are ready to meet with one of our advisors and get the best outcome for your Medicare coverage.
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