This year’s annual open enrollment will be October 15 through December 7.   This is the time of year in which all Medicare enrollees can change prescription drug plans or Medicare Advantage Plans.  If you are going to make a change in your coverage this is typically the only time of the year you can change plans unless you qualify for a Special Election Period due to a special circumstance recognized by Medicare.   Not reviewing your plan each year can be a costly mistake and may leave you in a plan that may not suit your needs.

Review your Annual Notice of Change Letter (ANOC) from your present insurance plan.  These letters are very important to review and are typically sent out around October 1 by your Part D Prescription Drug Plan or Medicare Advantage Plans.  It is important to look at this letter closely as this letter is usually the easiest way to see the changes in your plan from 2014 to 2015 benefit years.   Many things can change from year to year.  Some of the changes can include deductibles, copays, formulary lists, (what medicines are covered by your plan), and premiums.

We are here to assist you in making an informed choice for your Medicare coverage!   Please call our office at (616) 350-9306 to go over your current Medicare plan and discuss any of the changes that may be coming for plan year 2015.   We would be happy to set up an appointment with you to go over your options.

Again, don’t forget that the Annual Open Enrollment for Medicare plans ends December 7, 2014.  You will need to make sure you have your Medicare plan decision made before this date!