Each year, Medicare Advantage or Part D drug plans can make significant changes for coming year, including monthly premiums, the medications they cover, pharmacy networks, doctor networks, out-of-pocket costs, deductibles and more. As a result, it’s critical that your seniors review their plan options during Medicare's Open Enrollment period in order to potentially save BIG!
"Should I Review My Medicare Coverage?" Look for These Three Red Flags
Save Your Clients' Thousands By Getting to Know Medicare's Open Enrollment Period
2 Important Lessons From Medicare's 2016 Open Enrollment Period
Our Best Advice During This Medicare Open Enrollment Season
You probably aren’t surprised at this point, but signing up for Medicare can be very, very complicated. That’s why we’ve put together a short list of important things to be on the lookout for during this year’s open enrollment season. It’s no substitute for reading our other entries on the subject or contacting an expert for assistance, but if you remember these recommendations, it will go a long way toward making sure you don’t end up with thousands of dollars in unnecessary fees and bills!
Check for Sanctions Before Settling on a Medicare Provider During Open or Initial Enrollment
In Medicare Part D Plans, Cheapest is Not Always Best: Copay vs. Coinsurance
Several high profile cases in the last year have demonstrated how the cost for life-saving drugs or treatment can increase dramatically without warning. The narratives of Epipen and the anti-parasitic drug Daraprim tell the heart-rending tale of patients abruptly unable to afford a drug that they desperately needed.