The Medicare Annual Enrollment Period (AEP) is now underway, and will continue until December 7th, 2019. Folks can change their Medicare Advantage plan or Medicare Prescription Drug plan if they wish during this time. All plan changes made during this period, will be effective on January 1st, 2020.
We here at The Harrin Group realize that this is often a stressful time for seniors, as they inundated with advertisements in the mail, by phone, or on T.V. non-stop, from fifty different insurance companies on why they should sign up for their plan. This would make anyone stressed out, not just senior citizens.
That is why we make it easy for residents of Texas, California, and Florida, with our no-nonsense approach to the maze that is insurance. We spend countless hours analyzing the plans from top to bottom, and asking the tough questions to insurance companies if we ourselves, are not clear on some of the benefits or plan designs. We then take that knowledge, and tailor it to our client’s individual needs. For instance, if someone is taking expensive medications and they have to take brand-name drugs, there are plans out there that do not have a Part D deductible, meaning they go straight into a co-pay or co-insurance. Or if someone is tired of riding the bus to doctor appointments because they don’t have a car, there are plans out there that have transportation benefits included. Plan benefits can differ depending on your geographic location, so a plan in San Antonio, Texas may be different than one in Dallas, Texas for example.
Will it be necessary to change your plan during AEP? Not necessarily, and if things are going well for you on your current plan and you are satisfied, you should do what’s in your best interest, not the agent’s. Many times we meet with seniors and we quickly determine that it would be best if they keep their plan, as we focus on the individual, and not the commission. What we do encourage folks to do is at least analyze their situation on a yearly basis, and take a look at the new plans for the new year, as some could have extra benefits they might be missing out on.
With our no cost, no obligation analysis, we treat you like a family member when it comes down to your insurance needs. That is The Harrin Group difference.
We hope you found this blog post on the Medicare Annual Enrollment Period (AEP) helpful, courtesy of The Harrin Group. If we can ever be of assistance to you or anyone in your family, we are here for you! Contact us for a no obligation analysis of your situation today!