The Medicare Annual Enrollment Period (AEP) is almost here! Open enrollment begins on October 15th and runs through December 7th. It is important to know there are many new changes this year. Many people have questions and can easily be confused by the many options available. We can help make it a little easier for you! My partner, Cheryl Ashbaugh, is a licensed Medicare agent. Making decisions about your insurance needs can be difficult. Meeting with Cheryl in person or over the phone lets you review plans and find the best choice for you and your budget.
Are you new to Medicare or turning 65 soon? It is important to understand how Medicare works and what decisions you need to make. You need to know:
- What is Medicare?
- What is a Beneficiary, Premium, Deductible, Co-pay, or coinsurance?
- What is Part A, Part B, Part C, Part D?
- When do you need to enroll?
- Are there any penalties?
- Are you eligible for special help?
When can you get started?
You can enroll three months before, the month of, and three months after turning 65. You can make changes each year during the Annual Enrollment Period (AEP). Outside of the AEP, you must have a qualifying event to make changes—like moving outside of your plan service area, returning to the US from another country, or losing coverage from an employer.
Whether you are new to Medicare or have been on a plan for several years, you will want to review your current coverage to ensure you are on the best plan for your circumstances. Give Cheryl a call at 574-309-0752 and let her help you navigate the changes.
Also, if you have friends or family members who would like someone to review their coverage, she can help them, too. Please share her contact information or forward this blog to them.
As always, we look forward to talking with you and helping ensure you have a happy, healthy, financially risk-free retirement!
