Medicare Open Enrollment runs from October 15th through December 7th, making it the time to reassess your healthcare coverage.
1. Medicare Advantage Plans Are Changing- Many companies are adjusting their offerings, some even closing plans altogether. If you're enrolled in an Advantage Plan, be vigilant about potential changes to your coverage.
2. Prescription Drug Plans Will Have a $2,000 Maximum – Thanks to the Inflation Reduction Act, the dreaded "Donut Hole" has closed. Now, you'll pay a maximum of $2,000 for covered prescriptions, a significant drop from the previous $3,500. Make sure to check the updated Formulary to ensure your medications are still covered.
3. Compare Plans and Know Your Options – This is the perfect time to delve into your current plan versus other available options. Doing your due diligence will help ensure that your coverage aligns with your healthcare needs for the upcoming year.
We offer plans from Aetna, Blue Cross Blue Shield, Humana and United Healthcare.
If you have questions or would like Jim Marsh to compare plans for you please contact him at 520-321-1777 or [email protected]