Medicare has an annual open enrollment period similar to employer- based health insurance plans, so why is it that many seniors simply stick to their current plan leaving money and benefits on the table?
The simple answer is seniors would rather stick to what they know than entering into the complicated world of Medicare insurance – Parts A, B, C and D. The yearly changing deduction rules, shifting co-pay and government issued health reform changes are difficult even for insurance agents to stay on top of.
Many seniors are worried that they will make a mistake and fear that their doctors won’t be covered under a new plan. Medicare can be complex and receiving expert advice and guidance is recommended. Always contact Family Physicians Group to ensure that your primary care physician is covered before finalizing your Medicare Advantage Plan.
It makes perfect sense to stay with your current plan or does it? Many experts argue against sticking with a current plan without at least shopping around can cost you in extra savings and benefits. Really would you purchase any other product without comparison-shopping?
Initial research found that many of the popular plans are increasing drug prices by more than 10 percent. Instead of riding out the price increases we advise you to review your current insurance plan and coverage to ensure that everything is the way you want it. Every year plans change, so you may be able to receive more coverage, benefits and lower costs on your monthly premiums under a different plan.
Ok, so know you’re convinced, but not exactly sure what to look for when comparing plans. Here are a few things to consider before choosing or changing your Medicare plan.
- Coverage – Are the FPG services you know and love still covered?
- Secondary coverage –Changing your Medicare coverage may result in changes to your secondary coverage. Always talk to a professional before making any changes, so you know how it will affect your overall coverage.
- Cost - What are the premiums, deductibles, and other costs?
- Doctor – Does your Family Physicians Group doctor accept the coverage?
- Prescriptions – Gather a list of all your prescriptions before selecting a plan. This will ensure that the plan you select will cover all your medications.
Below are our suggestions on how to use Medicare health services to help you select the right plan based on your current needs.
Step one: Use Medicare’s easy online tool to review the various plan options: Medicare Plan Finder
Step two: Contact an Independent Insurance agent: An independent agent can give you an unbiased list of all available Medicare Insurance options.
Step three: Contact FPG customer service at 1-866-999-3741 to ensure that your primary care physician is covered before finalizing your new Medicare plan. While we can’t provide you with plan details we can direct you to the proper professional quickly and easily.
Medicare Enrollment Guidance
For more information visit our medicare enrollment guidance
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