Medicare Open Enrollment is here, and it’s the perfect time to review your healthcare coverage for the upcoming year. Whether you’re new to Medicare or looking to adjust your plan, understanding the process can help you make the best decision for your health and finances.
Why Should You Review Your Coverage?
Your health needs and finances may change year-to-year, and so can your Medicare plans. Reviewing your options annually ensures you:
- Avoid unexpected costs. Plans may change premiums, deductibles, and copayments.
- Maintain coverage for your prescriptions. Drug formularies and pricing can change.
- Access the best care. Ensure your plan covers your preferred doctors, hospitals, and specialists.
Steps to Take During Medicare Open Enrollment
- Review Your Current Plan: Check your Annual Notice of Change (ANOC) for updates to costs, coverage, or provider networks.
- Evaluate Your Health Needs: Are your current medications covered? Will you need new healthcare services next year?
- Compare Plans: If you’re unsure about your options, our agents can help you compare them and find the right coverage for your specific needs.
Key Dates to Remember
- October 15 – December 7: Open Enrollment Period
- January 1: Changes take effect
Missing the Open Enrollment deadline could leave you locked into your current plan for another year, so don’t wait until the last minute.
We’re Here to Help!
Navigating Medicare can feel overwhelming, but you don’t have to do it alone. Our team is here to help you find a plan that fits your needs and budget.
