You have many options available to you regarding Medicare, and we will explain them thoroughly.
You’ll want to bring in your current Medicare care and a list of your prescriptions. Be sure to plan ahead so that you can have time to make a decision before the enrollment period ends.
You can also speak to any of our agents about:
The gap in prescription drug coverage (the donut hole) starts when someone reaches the initial coverage limit ($3,700 in 2017), and ends when they have spent $4,950.
For 2017, while in the donut hole, enrollees will pay 40 percent of the cost of brand name drugs (down from 45 percent in 2016) and 51 percent of the cost of generic drugs (down from 58 percent in 2016). The Medicare Part D deductible will be $400 in 2017.
Part B premiums ended up at $121.80/month for enrollees whose premiums are not deducted from their Social Security checks, and for people who are new to Medicare in 2016.
Medicare supplemental plans (also called Medigaps) help cover the gap in insurance that Original Medicare (Parts A and B) do not cover. Medicare beneficiaries with a policy issued any time after January 1st,1990 now have a yearly opportunity to change plans and carriers as long as switching to the same plan type or one with lesser benefits. Availability to change starts on your birthday and remains available for 30 days. This is guaranteed, regardless of your health. Contact an agent for assistance.
Each year you have a chance to make changes to your Medicare Advantage or Medicare prescription drug coverage for the following year. During Open Enrollment Medicare Beneficiaries can: