As we head into one of the busiest seasons for health insurance, we want you to know that we are here to make life easier for all our clients and their families and friends. This month’s message includes our 3 easy steps to navigate AEP.
If you are relatively new to Medicare, AEP refers to the Medicare Annual Enrollment Period which runs every year from October 15th through December 7th and allows people on Medicare to change their Prescription Drug Plan or Medicare Advantage Plan to a different plan which then becomes effective on January 1st of the following year.
During the AEP, you can make changes more than once OR make no changes at all if you are happy with your current insurance plans. All changes must be concluded no later than December 7th. This does not apply to Medicare Supplement plans which can be changed at any time of the year.
This means that you will be getting inundated with advertising and marketing materials electronically, by mail and in various media formats, all aimed at enticing you to change to their plan or use their services. I caution you to be careful who you talk and listen to and remember that if it sounds too good to be true, it probably isn’t.
During this past quarter we have been busy here at MCG getting certified for the 2024 season, learning the new compliance requirements for agents and agencies to follow, learning about the plans next year and how they differ from the current year and setting up our systems and staff to allow us to advise and assist you with your health insurance decisions for 2024.
Our process has always included reviewing your list of medications, doctors and current health concerns so that you know what you can expect from your insurance policies. We routinely include recommendations for ways to keep your costs as low as possible.
Now, as we begin reviewing PRESCRIPTION DRUG AND ADVANTAGE PLANS for 2024 here are 3 easy steps to help you get ready.
REVIEW YOUR ANNUAL NOTICE OF CHANGE (ANOC)
Are there any changes for next year that are going to impact your pharmacy, medications, doctors or other parts of your plan, including a premium change?
REVIEW YOUR CURRENT PLAN USAGE
Look back on medical bills and receipts from the past year. If your coverage didn’t meet your budget, there could be a better plan with better coverage for you.
CONTACT US FOR YOUR ANNUAL REVIEW
Email Matt at matt@mcginsure.com or call at 800-578-3940 to update your list of medications (including dosage and frequency) and request a review
Use our booking links to schedule your review Karen's booking link or Susie's booking link
Watch for further information and instructions via email prior to your review meeting
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