Seize the opportunity of the Medicare open registration period
Following the 2010 Medigap Modernization Act, which came into effect on June 1, certain changes were made to Medicare’s current pension policies. These changes did not affect the beneficiaries of the Medicare open enrollment period. If you’ve qualified for Medicare this year, you’ll have some essential options ready for you. However, if you have Medicare Parts A and B, you will have many more options with the registration period open from October 15th to 7th December.
If you signed up for Medicare, you had the opportunity to choose a Medicare Advantage policy, maintain the original Medicare strategy, select a Part D strategy with a prescription and a Medicare supplement, or maintain the original Medicare strategy and strategy. of selected drug. Medicare includes Parts A, B and C. The Prescription Drug Policy is Part D. During the open subscription phase, which runs until December 7, you will have several options to make the desired changes and ensure you have the right policy for your needs.
Here are some areas to consider when making the best decision. Your initial Medicare policy has more deductibles and co-insurance items that can negatively affect your bank account if you have a critical illness and need to be hospitalized for a certain period of time. This is where a complementary public health policy can spare you from these extreme economic situations. Please note that if you choose a Medicare support policy, each provider must provide you with exactly the same policy, according to the country’s legislation. Do not limit yourself to the name of the company, but consider only the cost of the policy and the designations of the letter (policies A, B, C, D, F, G and K) and insurance for each policy.
If you agree with the choice of a network doctor and are not looking for a Part D drug policy, a Medicare Advantage policy may be the best option for you. For most Medicare participants, the main negative factor of the Medicare Advantage policy is that if you have a doctor you know well and your doctor is not part of the network, you must change. However, if you have concerns about reducing your health care costs, it may be best to choose a doctor from a network.
If you choose a Medicare Advantage policy, you can get a lower monthly premium based on your income and the benefits you choose. However, it would be low compared to Medicare’s additional monthly policy. You can also choose a Medicare Advantage policy without the Part D policy if you already have a Part D policy and if you simply choose to use a separate Part D policy. Sometimes, carefully examine your options before making a selection. medicare advantage plans 2019 medicare advantage plans 2019In the end, after December 7, you will have another opportunity to go back to original Medicare and a different Part D policy by February 15. This open registration period is an important time for you as a Medicare beneficiary to carefully review your decisions.