It’s time to see if your Medicare plans are still meeting your needs. Again this year, the Annual Election Period (AEP) allows Medicare beneficiaries to change plans during a specific time. As situations change, it may be that moving from one plan to another can result in savings. Or in increased benefits. Or both.
From October 15th through December 7th, it’s a good idea to have a Medicare professional review your current plans and see if you could benefit from any changes.
Medicare Advantage plans are popular, quite often due to their affordability and large range of options. Likewise, prescription drug plans can insure against costly prescriptions that you might be prescribed during the year, and most are quite affordable. These two types of plans can be changed each year during the AEP. After December 7th, you’ll have to wait until the next AEP to make changes.
Each year, Cyan reviews Medicare plans for hundreds of clients, and makes suggestions tailored to each individual. As an independent agency, Cyan will scour hundreds of available plans to find the ones that are best for each client. There are no charges for our Medicare services, as the insurance carriers compensate us for time spent.