Understand Your Medicare and Senior Coverage Options

With ever-changing health and drug plans for seniors, choosing the right coverage can be confusing.

Every year, Medicare’s Annual Enrollment Period (AEP) is October 15 – December 7. This is the only time during the year that seniors can change their Part “D” drug plan and/or their Medicare Advantage plan for the following year. Changes made during this period will take effect January 1 of the next year. AEP does not apply to those on Medicare Supplement plans — which can be changed any time during the year.

Information for next year’s plans will be available beginning in October. Even if you are satisfied with your current coverage, you should always review the new information to be sure changes are not being made to your plans. Changes in plans from year to year may include things like cost, benefits, rules, and what providers and pharmacies are in your network.

Where can you turn for help?

First Mid Insurance Group has a team of Senior Specialists, who — combined — have over 190 years of experience in helping seniors understand their health coverage options. Our agents will sit down with you, explain the different Medicare Options and guide you through the process of choosing the right coverage.

When is the right time to call?

With Medicare’s open enrollment beginning in October, you will want to talk with an agent soon. Whether you’re seeking information for yourself or if you’re helping your parents review their choices, over the phone we can discuss the information you may need to gather and then schedule an appointment to review the coverage options, once Medicare has made the next year’s information available.