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Health & Wellness / Your Medicare Advisor

5 “Must Know” Medicare Tips if you’re 65 Plus

Medicare SignDid you know that the Annual Enrollment Period began on October 15th and ends December 7th?

The Annual Enrollment Period (AEP) is the time of year during which you are permitted to add, change, or drop your current Medicare Advantage Plan or Prescription Drug Plan without a “qualifying event.” Simply put, if you don’t like your existing Medicare Advantage Plan or Prescription Drug Plan, you can change it.

It is important that you review your existing coverage because many insurance companies change the plans that they offer year after year, or new plans become available that weren’t offered ever before.

Below are some tips on how you can take advantage of the Medicare Annual Enrollment Period.

  • When was the last time you shopped your Medicare plan? Did you know that some Insurance Companies may be offering new, less expensive plans in your area?
  • How much do your prescription drugs cost? Could there be a plan that offers better coverage?
  • Are you satisfied with your existing co-payments and the premiums you pay? You could find a plan with lower co-payments and better premiums.
  • Are you satisfied with the network of doctors and hospitals that participate in your Medicare plan? Make sure your doctors and hospitals will accept your plan.
  • Have you looked at your maximum out of pocket expenses to determine if your plan is right for you?

AMAC Senior Resources Network takes pride in helping our members with their Medicare choices. AMAC’s trusted agents encourage you to contact us for information on which plans are available in your area. Call AMAC’s Medicare Department at 800-895-5883 to speak with one of our licensed insurance agents today.

If you have any questions please call AMAC’s Medicare Department to speak to one of our Trusted, Licensed Insurance Agents

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murf appling

if this fine organization was truly a “Patriotic” endeavor, it would use all its resources to “rid the nation” of the “curse of Medicare & Social Security” as a mandatory venture. If both these programs are so “beneficial”, then why aren’t they “voluntary”? as I use to ask my students, “why should U have to pay for your instructor’s health & retirement?” Why can’t our children & our grand children have the option to “invest” some of their Soc. Sec. tax into “American Free Enterprise”? if this were possible, the future generations would not require “the taking from Peter to pay Paul!” When President Nixon was elected, (1972) the DJIA was “sitting on 1000 pts”. Just imagine how many dollars we could have accumulated, using just $50/mth of our Soc. Sec. tax, & putting those $$$’s into “Blue Chip, dividend paying stocks”? Respectfully submitted, murf appling, BS Ed, MA Ed… Read more »

Linda

What Obamacare regulations will effect my Medical coverage?

Sam Crim

An advisor called me some time ago and I do not have his name or number. Even though I presently have health insurance through my wife’s work, I need to sign up for coverage through Medicare. I am still working. I was 65 May 24, 2018.