Navigating Your Medicare Coverage
August 28, 2023Are you covered by Medicare? The 2024 Annual Election Period is approaching fast, and it's your opportunity to review and make changes to your Medicare coverage. From October 15th to December 7th, 2023, Orton Insurance is here to guide you through this important period. Here's why you should take a closer look at your options:
What is the Annual Election Period (AEP)?
The Annual Election Period, also known as the Fall Open Enrollment Period, is the time when you can make changes to your Medicare coverage. This includes Medicare Advantage plans, Prescription Drug Plans (Part D), and Medicare Supplement Insurance (Medigap).
Why Review Your Coverage Options?
Life changes, and so do your healthcare needs. The AEP is an opportunity to reassess your health and financial situation and ensure your coverage aligns with your current needs. Reviewing your options can help you save on costs and receive better-suited healthcare services.
Medicare Advantage Plans: Explore Your Choices
During the AEP, you can switch or enroll in a Medicare Advantage plan. These plans often offer additional benefits beyond Original Medicare, such as vision, dental, and wellness programs. It's a chance to find a plan that suits your lifestyle and health requirements.
Prescription Drug Coverage (Part D): Stay Updated
If you have a Prescription Drug Plan, the AEP is the time to review your plan's formulary, the list of covered medications. Ensure your essential medications are still covered and that the plan remains cost-effective.
Medicare Supplement Insurance (Medigap): Tailor Your Coverage
Medigap plans help cover costs that Original Medicare doesn't fully cover. During the AEP, you can explore different Medigap plans to find the one that best fits your healthcare needs and budget.
Expert Guidance from Orton Insurance
With the abundance of options, it's easy to feel overwhelmed. Orton Insurance is your trusted partner during the AEP. Our experienced team can help you navigate the choices, understand the differences between plans, and provide clarity so you can make informed decisions.
Benefits of Early Action
Reviewing and making changes to your Medicare coverage during the AEP ensures you have the best plan for the year ahead. It also prevents any surprises or coverage gaps in case your health needs change unexpectedly.
Don't miss the chance to review and optimize your Medicare coverage. From October 15th to December 7th, 2023, explore your options with Orton Insurance's assistance. Your health and well-being matter, and taking advantage of the AEP ensures you're prepared for the future with the right coverage in place. Don't wait - empower yourself to make the best choices for your healthcare needs during this critical period.