The annual open enrollment season for Medicare this year runs from October 15 through December 7. This open enrollment period is an opportunity for Medicare users to re-shop healthcare and drug coverage choices. It’s very likely your plan has made some changes and not only might costs and coverages have changed, but your health might have too.
If you’re enrolled in Medicare you should receive an Annual Notice of Change (ANOC) and Evidence of Coverage (EOC) from your plan provider by the end of every September. Review this information carefully because any changes to co-pays, premiums, deductibles, drug costs or network providers will be listed in these documents. Since these changes or changes to your health may ultimately make another plan a better option for you, take some time to determine if you should switch and then do so during this time period.
If you’re happy with the coverage you have, you don’t need to do anything and your policy will simply auto-renew. However, if your current plan is being discontinued, you’ll be notified by a non-renewal notice from your carrier and be asked to choose a new plan.
Should you have any questions, the Medicare website has a tremendous amount of information. Definitely take this opportunity to ensure you have a plan that reflects your current healthcare needs. Let us know if you need anything, we are always happy to assist.