Our Annual Enrollment Period preview
Though you may happy with your current plan, you should see what’s on the market.
A new article by U.S. News and World Report, called How to Pick the Right Medicare Part D Plan for You, was so spot-on, we had to share it with you. It details our process exactly, and the reasons behind it. These are some of the most important points from the article.
- “Even if you loved last year’s plan, it’s important for Medicare recipient to shop around from scratch this year.”This is what we always say. It doesn’t hurt to shop around, and you may find an even better plan than your current one.”They really need to do their homework,” says Patricia Barry, author of “Medicare for Dummies” and a features editor at AARP. “If they do, they’re likely to find their best deal, and they’re likely to save a lot of money.”
- “On Medicare.gov, you can enter those drugs (including dosage and quantity) and a tool on the site will rank the plans by which would be cheapest for you, showing how much those drugs would cost on each plan and how much you’ll pay in premiums.”The Medicare Plan Finder on Medicare.gov is the program we use to find the best plans for you. We show you all of the results, and can explain what the differences are: copays, deductibles, prior authorizations, quantity limits, step therapies, etc. We know this program is the best out there.
- “It is complicated,” says Jack Hoadley, a research professor at Georgetown University’s Health Policy Institute. “The differences among plans can be hard to sort out. For those who aren’t Web-savvy, it’s even harder.”The daunting plans, the confusing terms, and the time it takes to make sense of it all can make it seem like it’s not worth it. It is! Plans change every year, and it’s not worth waiting until next year to realize there may be a better plan.
- “I recommend that people have help for doing this,” says Lita Epstein, author of “The Complete Idiot’s Guide to Social Security and Medicare.” “You can go into the drugstores… but obviously they’re going to gear you toward the plans they use.”One of our biggest strengths is that we are not beholden to any companies. We offer all plans to give our clients the greatest amount of choice. We are 100% objective; it truly doesn’t matter to us which plan you choose. We just want to help you find the right one.
Here’s a sample of how clients can save when comparing plans using the Medicare Plan Finder (click to enlarge).
The Annual Enrollment Period is from October 15 – December 7. Contact us today to make sure we have you on our call list to schedule an appointment.
Tom Says:
“This has always been the way to go, and now people are recognizing that. Even if you love your current plan, it will never hurt to see what else is out there.”
To read the article, How to Pick the Right Medicare Part D Plan for You, click here.