In just over one month the annual enrollment period for Medicare plans will begin. AEP dates are October 15 thru December 7.
This is a very important time for you, if you are enrolled in, or you want to enroll in either/or a Medicare advantage plan or Medicare prescription drug plan (PDP).
Note: AEP does not directly impact your Medicare supplement plan.
We strongly encourage you to talk with an agent during AEP to review your prescription coverage. Even if your prescription usage has remained steady for the past year or more, it is possible the drug formulary on your plan will change from year-to-year. Those changes can mean higher out-of-pocket costs for you. AND, it costs nothing to conduct a quick review.
In addition, there may new plan choices available to you for 2015 that were not available for 2014.
So, give us a call.
Lonnie Thibodeaux is the owner of Sargent Insurance and Financial Services. He specializes in Medicare health plans and prescription drug plans.