5 things to consider during Medicare Open Enrollment
The deadline for Medicare Open enrollment is upon us, but things are a bit different this year. Many seniors are accustomed to open enrollment ending at the end of the year, but this year the date comes earlier. Medicare Open Enrollment now ends on December 7th, 2011. Don’t let this date sneak up on you. Here’s what to think about during Medicare Open Enrollment:
Evaluate your current senior health plan
– If you currently have a Medicare Advantage Plan ask yourself, “Is this working for me?”
Your prescription drug plan needs
– Medicare Open Enrollment is the time to sign up for a Medicare Part D prescription drug plan.
Is it time for a switch?
– You have the option to drop both Medicare Advantage and Medicare Part D during this time, but the option to switch into any other type of plan is also available
Medicare Supplemental Insurance
– If you’re dropping your Medicare Advantage coverage and getting back on Original Medicare, it may be a good idea to consider enrolling in a Medicare Supplement Plan. This will help account for some of the benefits you’ll lose after dropping and save you in out of pocket expenses.
Asking an Expert
– It’s a well known fact that Medicare is confusing. Sometimes planning your senior healthcare options isn’t as black and white as we would all hoped it would be. Don’t be afraid to call an expert and get a professional opinion on what is best for you.
To get more information about Medicare Supplement Insurance plans, talk to one of our Medigap plan representatives today or get a free quote today.