In September 2018 current Medicare beneficiaries will receive information on any changes in the 2019 benefits of their Medicare Advantage HMO and/or current drug plan. Please review that information to confirm whether or not you there are changes to your current coverage for 2019 and if you may need to consider changing Medicare plans/insurance carriers for next year or will remain with your current carrier/plan coverage(s).
Medicare Annual Enrollment starts on October 15 and ends on December 7, 2018. Each year drug plans and Medicare Advantage/HMO plans provide information on changes for the upcoming year during Annual Enrollment; these changes can be seen on www.medicare.gov starting in October. Sometimes plans have minor changes, but sometimes those changes can be significant to a beneficiary. It is important that you are aware of what changes may occurred next year with your stand-alone drug plan or Medicare Advantage/HMO plan coverage to make sure you have the coverage that fits your specific needs for 2019.
(*NOTE: Medicare Supplement/Medigap policies do not change during Medicare Annual Enrollment, they have been defined by Medicare so the benefits remain the same. In California we have a “birthday rule” that allows those beneficiaries on a Medicare supplement during the 30 days following their birthday to select to change their Medicare supplement carrier and/or switch to a different supplement plan (i.e., Plan F to Plan G) to lower their premium.