Why You Should Have a Medicare Advisor to Talk to During AEP?

If you are on Medicare, then you know how stressful it can be. Especially during AEP (Annual Election Period), you need all the help you can get in order to make an informed decision regarding your Medicare coverage. That’s where the help of Medicare advisors becomes invaluable.

Following are some reasons why you should have a Medicare advisor to talk to during AEP:

Medicare Advisor Can Help You Choose the Right Plan

AEP provides you the opportunity to switch your Medicare plan once a year. Changing Medicare plan is a big decision and it can be quite challenging particularly due to such a limited time to make changes. Not to mention there are many options to go along with your Medicare coverage – prescription drug coverage (Part D), Medicare Advantage plan (Part C), Supplemental plan, etc. There is a lot to explain about all these options. That’s why it is highly recommended that you work with a trusted Medicare advisor during Annual Election Period. He will sit down with you, analyze your lifestyle and needs, and then recommend you the plan that would work best for you.

He Can Help You Make Sure Your Current Medications Are Covered

Comparing medications among different Medicare prescription drug plans is another challenging task that you must perform during AEP. To make this task easier, you should have a Medicare advisor to talk to. An experienced Medicare advisor will help you find the right Medicare prescription drug plan. Furthermore, he will also check to see if you qualify for Extra Help from Medicare in order to help pay the costs of your prescription drugs.

He Can Help You Save Money When Choosing the Medicare Plans

Apart from making sure that your current medications are covered, you also want to choose a Medicare plan that can save you money. Your Medicare advisor will work with you to explore options that could potentially save you money. Furthermore, he could help you find a plan that is flexible in paying for out-of-pocket expenses of Medicare e.g. coinsurance, copayments, and deductibles.

He Can Help You Make Sure You Don’t Lose Your Preferred Healthcare Providers

Talking to a Medicare advisor during Annual Election Period can help you make sure that you don’t lose access to your favorite pharmacies or doctors and that you don’t lose any key benefits that you like. A trusted Medicare advisor can compare the different Medicare plans to find the best option for you that uses your favorite pharmacies, healthcare facilities, specialists, and doctors.

The Bottom Line

Annual Election Period is a time for comparing Medicare plans, which many individuals find overwhelming. By talking to a trusted Medicare advisor, your AEP experience may become easier. An experienced Medicare advisor can help you find, compare, and choose plans that best suit your health care needs.