3 Tips to Remember When Choosing a Medicare Health Plan
Are you starting to think about choosing a Medicare Plan? When the time comes, selecting a Medicare Plan can be a difficult decision. Medicare is an excellent health insurance plan in general. MyMedicareQuotes, a life and health insurance agency, believes that those who qualify for Medicare should choose it over an employer’s plan. Unless the employer provides the coverage at no cost to you. Some Medicare plans fit people’s needs better than others, and it’s always a good idea to figure out which plan would be right for you. We understand that Medicare can be a confusing process for those enrolling for the first time, which is why we are providing three tips to remember when choosing a Medicare Health Plan. Here are the three tips:
Know your enrollment period –
Enrolling within the correct enrollment period can prevent you from paying any extra costs or fees. You will become eligible for Medicare when you turn 65, and you can choose your plan and enroll in it within a seven month period. This period consists of the three months before your 65th birthday, the month of your birthday, and the three months after your birthday. There is also a general open enrollment period if you’re already enrolled in Medicare and want to change your plan from October 15 through December 7.
Use the quality ratings –
The Medicare 5-star Quality Rating system provides each Medicare plan with a unique rating from zero to five stars. This system was created by the Centers for Medicare & Medicaid Services to help people choose high-quality Medicare health plans. There are multiple factors used in this rating system. This includes the overall value of the plan and previous customer satisfaction.
Review your health plan every year –
Things can change, which is why you should review your Medicare Plan yearly. Your health may change, or the plan itself may change and a different plan may be better for you. Do your Medicare research to see if your needs are being met and to see if it’s time to switch to another plan.
Those are three tips to remember when choosing a Medicare Plan. You can also allow MyMedicareQuotes to help educate you on what plan would be right for you. To learn more about Medicare Plans, call MyMedicareQuotes at (267) 406-0344.