Here are 5 tips for the Medicare Open Enrollment Period

Medicare’s open enrollment starts October 15 and runs to December 7.

The open enrollment period is an important time of year for Medicare beneficiaries. During this time, if you are eligible for Medicare, you will have the opportunity to compare plans and make any necessary changes to your current Medicare coverage.

It’s important that Medicare beneficiaries are educated on the options and have a strong understanding of their coverage needs to ensure that they are making the appropriate decisions for their healthcare needs. 

Here’s how you can be prepared:

  1.     Understand your Medicare plan.

Your Medicare Advantage and Medicare Prescription plan automatically renews at the beginning of each year unless you change it. However, the benefits might not be the exact same from year to year. 

Insurance companies review and refine their Medicare plan benefits annually—this means they will also make changes to the benefits you are eligible for. It is always important to review these changes to make sure you still have your necessary coverage. 

  1.     Review your Medicare plan options to decide what works best for you.

When you’re looking through the details of each Medicare plan, it is important to consider which plan will give you the best benefits for your needs. 

  1.     Choose your plan(s)

It is important to know how the plans work or don’t work, together and what plan or plans most closely align with your needs.

  1.     Assess your coverage needs

Once you’ve reviewed the Annual Notice of Change (ANOC) and your past year’s needs, then you can assess your coverage options for Medicare Advantage and/or Medicare Part D.

Reviewing this information, you should check to see if the cost or the location of services will change in the upcoming year. You should also consider if your health needs have changed from the previous year and how the benefits address these changes.

  1.     Get Advice.

There are a lot of considerations when choosing a Medicare plan, but the good news is that you don’t have to do it alone. At Sprouse Insurance, we’re happy to help you navigate the Medicare open enrollment period and provide you with support throughout the year if you have questions about your coverage.

Have more questions about Medicare? Contact Julie Hasselbach today.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
how can we help you?

Contact us at the Sprouse office nearest to you or submit a contact form.

Have questions about your insurance coverage?

Contact Sprouse Insurance to review your policies