What you should know about Medicare Open Enrollment in Prescott - Adler Insurance

Medicare Open Enrollment season is confusing. There are almost too many things for one person to know on their own. That’s why Adler Insurance, a leading life insurance and Medicare Insurance broker in Prescott, is here to tell you what you can do this Open Enrollment season to make sure that you take advantage of all your options.

• You can change plans - The whole idea of open enrollment is that you have an opportunity to change your plan if you'd like. This could be because the plans are going up in price, or maybe because your plan no longer covers what you need it too.
• You can drop a plan even after the Open Enrollment period ends - How can you know if you like your plan if you don't even have a chance to try it? Between January 1st and February 14th, you can drop your plan if it isn’t meeting your needs.
• Make sure that you look at all aspects of costs - Just looking at the premiums isn't enough. Look at the cost of copays, coinsurance, premiums, and deductibles as well, so you know truly how much you will be spending that year.
• Check your medications - Each year, various medications are added and removed from various plans. Check and make sure that you are getting what you need on your plan so you don't have to pay out of pocket for it.
• Make sure that you can keep your doctor - Doctors can sometimes be added or removed from the network. If your doctor is removed from on plan but not another, you might want to change plans, or face losing your doctor.
• Many preventive services are free - yearly wellness visits, diabetes screenings, cancer screenings, etc. are often free for Medicare and Medicare Advantage users. Make sure you know what is free and take advantage of them.
• Know your options - Like many things in life, being informed is one of your most powerful tools. Staying in the know with all the changes that might affect you can help you save money and time.

If all of this is too confusing, or if you don’t have the time of patience, we can help. Adler Insurance, a leading expert in Medicare Insurance in Prescott, would love to help you save money and get you the best value for your Medicare coverage. Call us today at 928-710-1455 or vihttp://www.adlerlifehealth.com for more information.
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Adler Insurance explains everything Prescott Medicare users need to know about Open Enrollment 2018

This year’s Medicare Open Enrollment will soon be coming to town, and that means that you’ll hearing about it a lot until it is over. For those of us who are currently enrolled or looking to enroll in a Medicare plan, it can be the most confusing time of the year. Have no fear, though, because Adler Insurance, a Medicare Insurance Broker in Prescott, is here to tell you what you what you should be doing every year during Medicare Open Enrollment season.

Every year, starting October 15, Part D and Medicare Advantage plan members are able to re-file and adjust their plans. Due to this re-filing, your benefits can change and your premiums can go up, so each year there is an election period where you can outright change your benefits. Each September, your Medicate Advantage or Part D plan provider will send you a document listing all the changes that are happening this year, and if any of them will affect you.

Each Open Enrollment Period, you have a few o
ptions:

• Do nothing and automatically roll over with the same or closest to same plan (if your plan has changed)
• Enroll in, change, or leave your Part D plan
• Switch from Traditional Medicare to a Medicare Advantage plan
• Switch the other direction
• Change your Medicare plan

Most of our clients ask us “Why should I change my Medicare plan?” Here are some of the more common reasons that you may want to change your plan:

Your plan is dropping one of your medications. Each year the document that outlines the changes in your Medicare plan will tell you if any drugs that you use may be dropped next year, or if there are any formula changes that might affect you. If one of your medications aren’t being covered anymore, it may be time to change Medicare plans.
Your plan is dropping your doctor for the network. If this is the case, you may either need to find a new doctor or switch to a plan that your doctor still participates in.
Your plan has a large cost increase. Most plans increase a bit each year due to inflation, but if your plan is increasing by a substantial amount, you might want to consider switching.

What are changes specific for the 2017 Medicare Open Enrollment?

This year, one big changes will be coming to Medicare plan members during this OEP, is dependent on your income. If you have a Medicare plan and earn more than $133,501 as an individual or $267,000 as a married couple, you will see significant increases in your Medicare plan premiums. For example, someone who makes $160,000 as an individual will now pay $428 for part B. You will receive a statement telling you what you will have to pay for Medicare next year, and will be based on your income from the previous two years.

There is a lot of information to take in, we know. It’s important to stay informed and keep your health and finances safe. If you are having difficulty with your current Medicare plan provider, or are looking to get started on Medicare in Prescott, contact Adler Insurance, call 928-710-1455 or visit our website at http://www.adlerlifehealth.com for more information.

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Adler Insurance discusses the Special Election Period for your Medicare when moving to Prescott

Have you recently moved to Northern Arizona? Welcome to the neighborhood! We know that things are busy for you right now, however Adler Insurance – your local Medicare Insurance Broker serving Prescott, Cottonwood, Camp Verde, and Sedona, would like to let you know that you have a limited time to switch your Medicare Plans to Arizona coverage.

What type of Medicare coverage do you have?

If you move here from anywhere from within the USA you should be able to maintain your current Medicare Part A and Part B coverage. If you have a Medicare Advantage Plan or Prescription Drug Coverage (Part D), you will need to review that coverage.

Also, once you have found a doctor in your area, be sure to contact your previous healthcare provider and have them send a copy of your medical records.

Do you have a Medicare Advantage or Prescription Drug Coverage (Part D)?

If you’re enrolled in a Medicare Advantage plan or a Medicare Part D Prescription Drug Plan, a change such as moving to Arizona could qualify you for a Special Election Period (SEP). During your SEP, usually 60 days, you’re allowed to enroll into a new plan.

If you miss your Special Election Period (SEP)?

If you miss the deadline to enroll in a new Medicare Advantage plan during your SEP, you’ll return to the original Medicare (Part A and Part B). If you’d like to sign up for a new Medicare Advantage plan after your relocation-based SEP is over, you're not out of luck. You will be able to make adjustments during the Annual Election Period (October 15 – December 7).

Do you have a Medicare Supplement Plan (Medigap)?

There are specific rules regarding switching your Medigap Plan. Are you on a standardized plan accepted in AZ? Do local Doctors who accept your plan here? Also, be aware that you might have to pay more for the Medigap plan in Arizona, and you might have to answer some questions about your health history.

There is a lot to take into consideration. We are here to help! Adler Insurance is your local Independent Medicare Insurance Broker in Prescott, Sedona, Cottonwood, and Camp Verde. We are experts on Arizona Medicare Insurance Plans. Contact us today at 928-710-1455 or visit our website at http://www.AdlerLifeHealth.com.

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