The Medicare enrollment period has begun. For some, the process is frustrating and confusing. If you aren't sure which option is best for your situation you may want to read this article printed in the Idaho Statesman yesterday. The article can be found here. Along with the artice was a very nice list of tips for choosing the best Medicare option. Here is the list:
TIPS ON SAVING MONEY, PICKING THE BEST OPTION
- Shop around, even if you’re happy with your current plan. You might be able to save money out-of-pocket while preserving your benefits.
- Remember that with Medicare Advantage, there is no need to buy Medigap insurance. Your medications are most likely covered, too — though not always — so there may be no reason to pay for a Medicare Part D drug plan, either.
- If you like your current doctor, make a call to the office to make sure he or she still accepts your plan after the new year. Or, if you’re leaving an employer-sponsored plan and want to remain with that doctor, find out what Medicare plans he or she accepts.
- Likewise, if you’re new to Medicare but like your current insurance, call your insurer. It might have a Medicare version of your current coverage. That can keep you from switching doctors, changing drug coverage or even switching your pharmacy.
- If you’re looking for Part D coverage, focus on the medications that you know you need rather than stressing about medications you might never need. Remember that health care reform is forcing discounts on drugs that fall into the previous coverage gap known as the donut hole.
- Remember that the drug plan that is best for you may not be the best plan for your spouse. Most likely, medication and health needs are different, and your most affordable options will differ.
- When you’re ready to dive in and compare policies, have a list of medications ready so you can compare your options.
- Don’t be afraid to enlist the help of your grown children, a trusted friend or trained counselors.
- From Gail Jensen, an economics professor at Wayne State University and a researcher at its Institute of Gerontology.
Read more here: http://www.idahostatesman.com/2012/10/22/2318764/medicare-changes-to-consider.html#storylink=cpy
Applications for Medicare and Medicaid are important and should not be taken lightly. If you, or a loved one, need to make plans for long-term care, then you need to schedule a consultation with us right away, before you take any actions. Remember, good planning is no accident.