Call 630-398-3329 to speak with an agent.

Call 630-398-3329 to speak with an agent.

Medicare’s Annual Enrollment Period is Just Around the Corner

Posted by David Cheatham, August 20, 2021

Each fall, Medicare allows you to review your plan and make necessary or desired changes during the Annual Enrollment Period. It begins on October 15 and runs until December 7. Why should you worry about this right now? Well, because your healthcare plan is an important part of both your health services and financial plans. Taking the time to carefully review your options is always wise. Here’s what you need to do.

Watch your mail closely. Your plan administrator will send you an Annual Notice of Changes, which details any changes that will be made to your current plan in 2022. This notice will help you to decide whether your plan still suits your needs, or you need to shop for a new one.

Review your budget and expenses. Gather old statements and review your spending on healthcare services and medications from the past year. Are you satisfied with how healthcare spending fits into your budget, or are you concerned about rising costs? In particular, research the cost of any medications you use regularly, and whether there are more affordable options within your plan’s drug formulary (or another plan’s formulary).

Consider upcoming coverage needs. Do you feel satisfied with your network of providers and facilities? Are you expecting to undergo any tests or procedures next year? Are your medication needs changing? Look carefully at what your current plan provides with regard to these issues.

Shop around, even if your current plan isn’t changing. Even if your current plan seems acceptable, you won’t know if a better option is available unless you look! If you haven’t already, familiarize yourself with all of the different options available to you, such as Original Medicare versus Medicare Advantage plans, supplemental plans, prescription plans, and more.

Ask for help. Medicare is an enormous, complex system. Luckily there are licensed professionals who can offer you free information and advice, and who will help match you with a plan or plans that suit your needs.

Need more information on your insurance options?

Contact us online to learn more

Contact Us

Close Accessibility Tools
Accessibility Controls Reset
Content Adjustments
Font Size

Default

Line Height

Default

Content Scaling

Default

Highlight Titles
Highlight Links
Highlight Forms
Align Left
Align Center
Align Right
Focus Mode
Color Adjustments
Desaturate
Monochrome
Contrast

Default

Saturation

Default

Accessibility Statement

Despite our attempts to make this website accessible for everyone, there may still be some pages or sections that are not completely accessible, are in the process of becoming accessible, or do not have a suitable technological solution to make them accessible. Nevertheless, we are always striving to enhance our accessibility by adding, updating, improving its options and features, and incorporating new technologies.

We want to provide our users with the best experience possible, so we strive to support as many browsers and assistive technologies as possible.

If you wish to contact this website's owner, please use the contact form on the website.

Our User Interface Adjustment Options

Font adjustments - With this tool, users can modify font size, style, letter spacing, and line height for improved alignment and readability.

Color adjustments - Users can customize their color contrast profiles to light, dark, desaturated, and monochrome.

Content highlighting - Users can prioritize key elements such as links, forms, and titles.

Content focus - Users can enable focus mode to highlight the current page information based on their mouse movement.

Close