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Medicare Consumer Get Ready!

August 23, 2023 by Jay Looft

Needs-help-with-Medicare-insurance

Medicare is coming, Medicare is coming…ACT Now! 

 

Many of our clients are already getting phone calls and mailers making it sound like the Medicare Annual Enrollment Period is already here, but it’s not! It’s actually close to two MONTHS away. 

 

Medicare Advantage Plans and Stand-Alone Medicare Prescription Drug Plan companies are just now getting final approval from Medicare on their plans for 2024. After final approval, the plan material still needs to be printed and mailed out to plan members. 

 

Still a good ways to go!

 

That said, disregard Marketing Call Center communication and advertisements talking about “it’s time to change”, because it isn’t. 

 

Right now is a great time to be evaluating your current Medicare plan and if it has met your needs for 2023?

 

If there is a monthly premium, are you still able to fit it into your budget?

Are your copays reasonable?

Do you need more dental coverage or is the current amount adequate?

Are there other Medicare insurance plans you’ve heard about that you want to check out during the Annual Enrollment Period?

 

In other words, it’s a great time to get your Medicare insurance Game Plan! No disrespect to Georgia Tech fans, but my Georgia Bulldogs are game planning right now to take it all the way again!

I digress, but having a list (game plan) of benefits and extras you’d be interested in will help your insurance agent find the best option for you, whether it’s a Medicare Advantage, Medicare Supplement or Stand-Alone Prescription Drug Plan. 

 

About The Medicare Annual Enrollment Period:

Medicare Advantage and Stand-Alone Prescription Drug Plans’ Annual Notice of Changes to clients should be in mailboxes by late-September. The time to make changes for 2024 coverage is the Medicare Annual Enrollment Period from October 15, 2023 – December 7th, 2023. Your selections made during the AEP will go effective January 1st, 2024. 

The Medicare AEP is for Medicare Advantage Plans and Stand-Alone Prescription Drug Plans only. Medicare Supplements are not affected by the AEP and may be changed throughout the calendar year, barring any health underwriting requirements.

If you’d like to sit down with a Medicare Insurance Agent from SeniorSource this fall 2023 and find the best plan for your needs give us a call today at (770) 913-6464 or contact us through our website at www.SeniorSourceMedicare.com. 

Category iconMedicare Advantage,  Medicare AEP,  Medicare Copays,  Medicare Part D

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