Is Your Current Medicare Plan Still Right for You?

You signed up for a Medicare plan, which is great! But healthcare needs can change a lot over a year. Maybe you have new doctors, new prescriptions, want different benefits, or maybe your plan is terminating coverage. If your plan isn't keeping up, you could be missing out.

Why You Should Review Your Plan Every Year

The annual enrollment period of October 15 to December 7 is the perfect time to review your plan as you have an opportunity to change plans for the following coverage year. It’s a chance to compare your current plan, which may be changing, with other options available. Even if you love your plan, it’s smart to look at what’s new. 

This year, it's especially important to review your Annual Notice of Change (ANOC), since some plans are being terminated or leaving some areas. You should have received your ANOC in the mail, but if not you can also find it online on your insurer’s website. 

Taking the time to review your plan can save you money and give you peace of mind.

How to Check if Your Plan is Still a Good Fit

Here’s a quick checklist to help you decide if your current plan is still right for you:

✔️Doctors and Hospitals: Are your preferred  doctors and hospitals still in your plan's network?

✔️Prescriptions: Are all your medications still covered, and are the prices still low? Has your Part D deductible increased?

✔️Costs: Are you happy with your monthly premium, copays, and deductibles?

✔️Extra Benefits: Does your plan offer benefits that you actually use, like dental, vision, or a fitness program?

How to Switch Medicare Advantage Plans During Annual Enrollment

Why would you want to switch?

Maybe your doctor is no longer in your current plan's network, or your plan's costs have gone up. Maybe you've heard about a new plan that offers extra benefits like gym memberships or help with groceries. No matter the reason, switching is easy!

How do you switch?

You don't need to do anything complicated. When you enroll in a new Medicare Advantage plan (either with an agent or submitting an application on your own), your new plan will automatically let your old plan know. It's a bit like when you get a new cell phone company; your new company takes care of telling the old one that you're leaving. The new plan you choose will start on January 1 of the next year. You'll keep your old plan until then. 

How do you enroll in a new plan?

1. Shop around: Look at different plans in your area. You can compare things like monthly premiums (the amount you pay each month), copays (what you pay for a doctor's visit), and which doctors and hospitals are in the plan's network.
2. Sign up for the new plan: Once you find a plan you like, you can sign up. You can do this by calling the plan, visiting their website and enrolling directly, or working with a licensed insurance agent.

That's it! By signing up for a new plan, you're automatically unenrolling from your old one. It's a simple process that lets you make sure your healthcare plan is the best fit for you every year.

The Clover Health Advantage

If you're looking for a new plan, Clover Health might be a great option for you. We offer plans that are designed to be simple, affordable, and full of benefits.

Here are just a few things we offer:

1. Low to No Premiums: This means more money in your pocket each month.
2. Low Copays: You won’t have to pay a lot when you see your doctor.
3. No Referrals: You can see specialists without needing a referral first.
4. OTC Allowances: Get money to spend on everyday health items.
5. Fitness Benefit: Stay active with a fitness membership.
6. Dental, Hearing, and Vision: We offer benefits that cover more than just your basic health needs.

See what a Clover Health Medicare Advantage Plan in New Jersey, Georgia, Texas, South Carolina, and Pennsylvania has to offer:

Click here to learn more.

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