Skip to content
COVID-19 SAFE CONSULTATIONS
Call Support (941) 907-2879
Email Support info@davesilverinsurance.com
Location Beacon Park Place, Fl 34202
  • Home
  • Medicare Coverage Options
    • Medicare Advantage Plans
    • Medicare Supplements
      • Medicare Part A
      • Medicare Part B
      • Medicare Part C
      • Medicare Part D Prescription Drug Coverage
      • Medicare Plan F
      • Medicare Plan G
      • Medicare Plan N
    • Medigap Insurance Plans
    • Veterans with Medicare
  • Blog
  • Testimonials
  • Health Saver Plus – Affordable Health Coverage
  • Contact
    • Medicare Specialist – Tampa Office
    • Medicare Specialist – Sarasota / Bradenton Office

When and Why You Should Review Your Medicare Plan

Home > Medicare Insurance Information - Dave Silver Insurance Blog > When and Why You Should Review Your Medicare Plan

When and Why You Should Review Your Medicare Plan

Posted on May 29, 2017June 5, 2017 by Dave Silver
0

Medicare’s open enrollment often runs October to December of the year and this is the time when you can make changes to your Medicare plan. Since insurance plans are bound to change every year, it’s important to review your plans annually at this time to identify any changes that could cost you more money or improve your coverage.

However, it is important to note that when reviewing your prescription coverage, be sure to check that all of your prescriptions are on the plan you are considering. In this case, the plans with the lowest premiums are not all the time the better financial choice. The cost of one month’s worth of one drug that’s not on your plan’s formulary could exceed an entire year’s worth of your monthly premiums. Moreover, aside from reviewing your plans at the right time you should also know the importance of doing so.

Why You Should Review Your Medicare Plan

Your Health has changed

It does not mean that if your plan was right for you last year, it’s still right for you now. New health issues may arise or you may know more about some of your issues than you did last year at this time. Therefore, it will be a great help if you can make a list of any new developments in your health condition over the past twelve months. Then, compare your current plan to others out there to know if you have the coverage you need.

Prescriptions has Changed

The rise for new health issues means need for new medications. There are times when you may change medications for an existing condition. Are all of your current prescriptions covered under your chosen plan? If not, are there generic substitutes or different medications available? Review your current plan and other available plans and see how the costs of your prescriptions compare.

Your Plan has changed

Every year you should receive an Annual Notice of Change. This is a document that outlines any changes to your existing coverage, costs, or service area that will be effective in January of the next year. In this case, it is common for the price of plans to fluctuate. Compare premiums, deductibles, and out-of-pocket expenses for each plan. Also, take time to shop around to ensure that you’re getting the right coverage at the price that fits your budget.

If a plan is within your budget but does not offer the coverage you need, it’s not a good fit for you. Be sure to review the changes to your existing plan and make sure all of your needs are still met.

You have Anticipated Travel or Relocation

Do you have plans of relocating next year? Do you have a planned vacation? If yes, then you need to be sure that you know where and how you will get care in your new location. Since health issues do not arise at the most convenient times, it’s important to know which doctors you can see and which pharmacies can fill your prescriptions.

When reviewing your plans, be sure to look at every detail to make the most out of your coverage. Also, you should compare plans to see which one best suits your budget and needs.

Turning 65? What I Need To Know.

 

The 2019 Best of Tampa Awards in the category of Health Insurance Agency

Winner of the Best Lakewood Ranch Insurance Award

Why Choose Dave Silver Insurance

I am 100% dedicated to Medicare Insurance. That’s all I do.

I will present ALL your coverage options.  I am a one stop shop as it relates to your Medicare coverage.  I will show you EVERYTHING.

16 years of Medicare Insurance experience. I can answer ALL your questions

I’m local. I understand ALL your coverage choices in your area and how they will impact you.

I’ll compare your options, side by side.

I am honest, transparent, objective, practical and informative.

I treat each client like I would treat my own parent.


Schedule A FREE Consultation Below

WE’LL ANSWER YOUR MEDICARE QUESTIONS

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

Our Services

  • Medicare Advantage Plans
  • Medicare Supplements
  • Medicare Part D Prescription Drug Coverage
  • Veterans with Medicare
  • Health Insurance

Testimonials


Click Here To View All

Tampa/St. Pete Office

Dave Silver Insurance - Medicare Experts
8039 E Dr M.L.K. Jr. Blvd.
Tampa, Fl 33619
Telephone: (813) 417-2716
Email:info@davesilverinsurance.com
Privacy Policy

Bradenton/Sarasota Office

Dave Silver Insurance - Medicare Experts
19431 Beacon Park Place
Bradenton, Florida 34202
Telephone: (941) 907-2879
Email: info@davesilverinsurance.com

Our Services

  • MEDICARE ADVANTAGE PLANS EXPLAINED
  • MEDICARE SUPPLEMENTS EXPLAINED
  • MEDICARE PART D PRESCRIPTION DRUG COVERAGE
  • VETERANS WITH MEDICARE
  • HEALTH & MEDICAL INSURANCE SERVICES
© 2019 Davesilver | Website Design by PWS | WordPress Theme: Enlighten