Make Open Enrollment Work for You
Whether you are enrolled in a Medicare Advantage Plan or are on original Medicare with a Part D Drug Plan, Medicare Open Enrollment is an important time for Medicare-eligible members to check their plans and to verify if the current coverage still fits their health care needs and budget.
This enrollment window is the time to make changes to determine if there is a better alternative for your specific needs.
Why Switch?
The Medicare marketplace offers Medicare-eligible beneficiaries a competitive field of plans to choose from.
Every year, insurance companies modify plan benefits, and it’s important to know which ones made modifications and how these changes in benefits impact you.
When it comes to prescription drugs, many companies may also change their drug formularies and cost structure. In other words, you’ll want to know which drugs will be covered for the upcoming benefit year, and what copay you’ll have to pay for a specific drug.
In addition, there may be some changes to the plan’s provider network, such as adding or removing physicians and facilities. It’s important to review your Medicare options, provider networks, and drug formularies to verify if the current coverage still fits your needs or if switching to a different plan will ensure you have the right coverage for your specific health concerns.
George Popa is a licensed sales agent with Strachan-Novak Insurance Services in Twinsburg. He can be reached at 330-963-3800 or [email protected] Visit sn-insure.com for more information.
