Making Medicare Easy.
Welcome Medicare Advantage Clients!
The Annual Enrollment Period 2024
The annual enrollment period can be a confusing time of year for many people. So this year we made a video just for our Medicare Advantage policy holders that will walk you though everything you need to know this enrollment period.
If you would like to review your Medicare Advantage coverage options for next year, then simply click the yellow button below to request your coverage review or give us a call at 1-888-321-6361.
If you are happy with your current Medicare Advantage Plan then you don’t have to do anything at all! Your coverage will automatically renew for next year unless you want to make a change.
What Do I Need To Do During The Annual Enrollment Period?
If you have a Medicare Advantage plan, the Annual Enrollment Period (AEP) is an important time for you. This is the time to review your current coverage, and make any necessary changes if need be. Come October 1st, you should receive your Annual Notice of Change letter in the mail from your current Medicare Advantage company. It’s important to review this letter to see if there has been any changes to your Advantage plan. These changes can include anything such as benefits, premiums, co-pays, deductibles, networks changes, etc.
Additionally, Medicare releases the Advantage information for the upcoming year on October 1st. This is when you can start comparing and shopping for a new plan if necessary. Keep in mind if you shop for a new Advantage plan before October 1st, the plan (including benefits and costs) could change come October 1st. However, if you wanted to get ahead of the game, and start looking at potential plans, you can do so.
One of the most important things to pay attention to if you have a Medicare Advantage plan is any network changes, considering this is a crucial aspect of an Advantage plan. Network changes are often common with Advantage plans, so we recommend talking to your doctor(s) to confirm they will still be in network next year, with your new plan. A great question to ask your doctor is “Is there any chance you will be leaving the network?” Doctors can change networks any time during the year so it good to know in advance if they plan of making any changes.
Reasons to stay with your current plan
Your doctor is in your plans in-network
Your are happy with your current plan
Your preferred pharmacy is still in network
You medications are covered for a reasonable copay
Reasons to consider switching plans:
Your premium or copays have increased significantly
One or more of your doctors is not covered
Your preferred pharmacy is out of network
You are unhappy with your current plan
Your Medicare Advantage plan will automatically renew each year. So if you are happy with your current Medicare Advantage coverage, then you do not need to do anything at all.
Can I Switch To A Medicare Supplement Plan?
If you are interested in a Medicare Supplement plan, but are currently enrolled in a Medicare Advantage plan, the Annual Enrollment Period (AEP) is the time to switch. During AEP, you can apply for a Medicare Part D plan as well. However, it is important to note that you will not automatically be enrolled – you will need to apply and be accepted by whichever company you applied for. This process requires you to answer health questions that are different for each carrier, and there is no guarantee you will be accepted. Although the health questions differ from company to company, here are some types of questions you might see:
Are you dependent on a wheelchair or any motorized mobility device?
Do you have diabetes?
Do you have an implanted cardiac defibrillator?
Within the past 3 years have you been diagnosed or treated for internal cancer?
Within the past 5 years have you been diagnosed or treated for heart attack or stroke?
Want Help Reviewing Your Coverage Options?
It doesn’t matter if this is your first time, or fifth time going through AEP, Medicare can be confusing. That’s why we are here to help! If you would like your agent to review your coverage options for next year, then you can start by filling out the “coverage review form” button below to request your coverage review. Our team of agents will review your options based on the information you provided us, and send you a personalized coverage review & recommendation. If you have any questions or want to make a change in your coverage, then feel free to give us a call at 1-(888)-321-6361 and in a few short minutes we can answer all of your questions and help you apply for your new coverage.
