Medicare n You

That’s right! Another Annual Enrollment Period (AEP) is right around the corner. On October 1st all Medicare Advantage and Prescription Drug Plan companies will release their 2019 plan benefits. If you already have one of these plans you’ll soon get the Annual Notice of Change where the insurers will highlight the changes to your plan for 2019.

The AEP begins on 10/15 and will end on 12/07. The last enrollment you submit during this time frame is the plan that you will be enrolled in during 2019.

Once it’s AEP – “What should I do?”

It’s that time where you’ll want to do the following:

  1. Review the changes to your current Medicare Advantage or Prescription Drug plan.
    1. Has the Premium Changed?
    2. How have the following benefits changed:
      1. Co-pays, Maximum Out of Pocket, Dental, Vision, Hearing, Deductibles, Transportation, Over the Counter, Drug Costs & Formulary
    3. Is my plan still being offered for 2019 or will I need to change to another one?
    4. Will my Doctors still be in-network?
    5. Will my medications still be covered?
  2. If you have a Supplement evaluate your monthly premium costs and ask yourself if it’s time to make a change. Will a Medicare Advantage lower my out of pocket costs?
  3. Compare new plan options in the market.
    1. Is there a plan that offers you more of the benefits that you need?
      1. Dental
      2. Vision
      3. Lower Co-pays
      4. Transportation
      5. Hearing Aids
      6. Lower monthly Premium
      7. Part B premium Pay Back/Refund
  4. Evaluate whether you can benefit from assistance of a Health Insurance Agent. They can help you evaluate the options for 2019, make your research a lot easier.

Here at Ask Gabe, Inc. we are already hard at work at evaluating ALL the plans for 2019. We will be happy to help you identify the plan the can best fits your needs. Call or Email and we can discuss how we can help you during the Annual Enrollment Period and beyond.

We work hard to help our clients every year in choosing the plan that minimizes their healthcare expenses all the while getting the most value. We are also available to help them throughout the year with any issues or concerns. So if you want an agent that cares about your needs and is available to help you when you need it, give us a call.

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