Each year during a certain period (currently Oct. 15 through Dec. 7), known as annual enrollment period, you are allowed to change your existing Medicare Advantage plan or Prescription Drug Plan to a new plan. (Note: There are special election periods that allow for changes during other parts of the year for those who qualify.)
It is worth looking into your options whether to change plans or stick with the one you have. It may be wise to change plans due to your existing plan having undesirable changes in the upcoming year, or any health issues that may have changed for you since last year, or if you just weren’t happy with your existing plan.
One Medicare plan type doesn’t fit all. There are advantages and disadvantages to each type. I like to present different options and let the client choose what they feel is actually best for their individual situation. Some folks like plans with no monthly premium, but have copays, and may have deductibles as well. (Kind of pay as you go). Then there are other plan types that clients basically pay a monthly premium upfront, but generally don’t have to worry about copays and deductibles for their medical expenses. (Although if they want prescription drug coverage they will need to purchase an additional plan, and those prescription drug plans do have copays, and some have deductibles as well.)
It is a smart idea to sit down with an experienced licensed agent that can help you understand your options, but doesn’t try to steer you towards one plan over another.
I can be reached at 941-404-5334 if you’d like to set up an appointment to discuss whether you feel switching to a new Medicare Insurance plan would be right for you.
Note: By calling this phone number, I understand I will be directed to a licensed insurance sales agent.
Note: Medicare Insurance information can be overwhelming and confusing to many people. As an independent licensed agent I can explain things to you in simple terms so you feel comfortable making a decision. Then I can help you choose and enroll in a plan that you feel fits your needs.
By the way, it doesn’t cost you any more if you enroll in a Medicare Insurance plan through me as an independent agent versus directly with an insurance company either over the phone or via the Internet, since I get paid by the insurance companies for your enrollment. Plus you will have personalized service by a local agent. If you would like my assistance, please call me at 941-404-5334.
By calling this number, I understand I will be directed to a licensed insurance sales agent.