If you haven’t yet updated your Medicare plan for 2022, this news is for you: Remember, the deadline for Medicare’s Annual Election Period approaches on December 7. If you don’t make changes to your plan by the deadline, you will be automatically re-enrolled into your current plan for next year.
What if you like your current plan? If you like your current plan, we’re happy to hear that you’ve been satisfied with it over the past year. However, keep in mind that Medicare plans can and do issue changes each year. If your plan has changed one of its features, such as the list of covered drugs, you might be be so satisfied with it next year. Read the Annual Notice of Change that your plan administrator sent to you before the election period began this fall.
If you can’t find your Annual Notice of Change, give us a call. We can help you learn about upcoming changes and decide if your current plan is still the best fit for you.
Also, remember that an even better plan might be available. But you won’t know about it, unless you do some comparison shopping.
What can you do during the Annual Election Period? During this time, you can take the following actions:
- Change from Original Medicare to a Medicare Advantage plan
- Drop your Advantage plan and go back to Original Medicare
- Switch from one Advantage plan to another
- Add a Part D (prescription) plan to your Original Medicare, drop Part D, or switch from one Part D to another plan
What you need to do now. Gather your Medicare card, current plan documents, and copies of your medical bills for the year (or a summary of your expenditures). Call our office for personalized, one-on-one assistance, and we can help you evaluate your current Medicare plan and compare it with others that are available to you.
But again: Don’t wait any longer. The deadline to make changes to your Medicare plan is December 7.