Did you know that every year everything changes?
Oct.15 – Dec.7 is your opportunity to review upcoming changes in 2020 and decide if your coverage is still the best option related to your current health and cost changes.
There are 2 ways you can have your Medicare benefits. One way to have your Medicare healthcare is Original Medicare with 4 separate parts which would include a Part D plan and Medigap Supplemental product. The other way you can have your Medicare healthcare is through a managed care plan called an Advantage plan.
Every year everything changes.
The projected 2020 Advantage plan premiums represent a 23 percent drop from 2018 premium levels. CMS also noted that plan choices have multiplied. Benefits have expanded and Medicare Advantage enrollment is rising.
In the 6 county region served by our HICAP, Advantage plan choices are increasing from 19 to 37 plans in 2020.
2020 Original Medicare Part D prescription plan company choices in our region also increased from 30 to 32 plans for 2020. Premiums, deductibles, formularies and copays for each plan have also changed for next year.
Question: Who is responsible for your healthcare?
If you’re in an Advantage plan, will your Dr. still be in our plan’s network and will additional benefits still be covered?
If you have Original Medicare with a Part D plan, will your prescriptions still be in their formulary and are you paying the lowest amount for your plan and medications? Part D premiums next year will range from $12.80/month up to $118.40/month.
If your healthcare is your responsibility, are you meeting with HICAP to review what your options are for 2020 or are you one of those who doesn’t check then places a frantic call to us when Jan. 1st is here and you discover your physician coverage has significantly changed or certain prescriptions in the formulary are no longer covered?
Schedule a 1-on-1 appointment by calling 800-434-0222 or Attend an Unbiased Seminar in your area.
HICAP is a free & unbiased service through the CA Dept. of Aging.
Our goal is to provide truly unbiased help so you can make more informed decisions about your Medicare healthcare before you step out there and deal with agents & plans.
A blog post from Senior Advocacy Services – senioradvocacyservices.org