What is a good plan?

 Well, that depends; what do you want? Are you looking for flexibility, freedom, referral free, money back towards part B, dental, vision, OTC allowance, or lower Rx’s? The point is, you may have a good plan, but is it the best plan for you? At The Woodyard Insurance Agency, we take the guess work out of making sure your plan is the best fit for your needs.

 There are many reasons why people may want to change plans during the Medicare Annual Enrollment Period, but here are some of the most common reasons:

  1. You don’t like the plan changes for the upcoming year
  2. You have learned one of your doctors will no longer be in the network
  3. The plan is dropping one of your important medications
  4. You are looking for better ancillary benefits, i.e.: dental, vision, over the counter allowance

 Can you change you Medicare Supplement (Medigap) plan during AEP?

Your Medicare Supplement plan does not change benefits from year to year like a Medicare Advantage plan or Part D plan, so there is no need for a change.

 Do you have to re-enroll each year into your Medicare Advantage or Part D plan?

No, unless you are wanting to change your plan, you will automatically be enrolled every year.

 What is the deadline for Medicare Annual Enrollment Period?

The deadline for changing your Medicare Advantage or Part D plan is December 7th. Your new plan will start January 1st of the following year.

 Protecting your personal information has never been more critical. While most significant identity theft risks may have moved online in recent years, phone scams are still alive and well-especially during health insurance open enrollment periods. To help you steer clear of fraudsters, here are a few warning signs and best practices to keep in mind:

  1. Do not answer calls from numbers you do not recognize, even if the number appears local
  2. If you do answer the phone and become suspicious or feel pressured in any way, do not hesitate to hang up the telephone immediately
  3. Beware of anyone who call themselves a “healthcare representative”, a “government representative”, a “health insurance counselor”, or who say they are from a medical discount plan
  4. If the caller asks for personal information or payment, you can almost be certain the call is a scam
  5. Still in doubt? Hang up and call your health insurance provider directly using the customer service number on the back of your insurance card