Your 2019 Medicare Advantage Checklist
Are you ready for the 2019 Medicare Fall Open Enrollment Period?
If not, this checklist will help you prepare.
Here is a list of 5 items to review before the Medicare Advantage and Prescription Drug Plan Annual Enrollment Period begins. It is important to review this checklist each year, even if you plan on staying in your current Medicare Advantage plan.
Step #1: Check important dates
The Medicare Fall Open Enrollment Period starts on October 15, 2018 and ends on December 7, 2018.
Step #2: Learn about Medicare coverage options
During the Medicare Fall Open Enrollment Period, you can make several coverage changes including:
- Change from Original Medicare to a Medicare Advantage plan
- Change from a Medicare Advantage plan back to Original Medicare.
- Switch from one Medicare Advantage plan to another Medicare Advantage plan.
- Enroll in a Medicare prescription drug plan (Medicare Part D).
- Switch from one Medicare prescription drug plan to another Medicare prescription drug plan.
- Disenroll from a Medicare prescription drug plan.
Step #3: Review your ANOC
If you already have a Medicare Advantage plan, you should review your Annual Notice of Change (ANOC).
This document explains any plan changes that will go into effect next year. Your Medicare Advantage provider could make small or large changes from year to year, such as changes in coverage, service areas or costs.
Your plan provider should have sent this document to you by September 30. This gives you at least two weeks to review any changes and decide if you want to remain in your current plan or switch to another plan or coverage option.
Step #4: Decide what plan benefits you want
If you are switching from one Medicare Advantage plan to another, or are enrolling in a Medicare Advantage plan for the first time, you should decide which plan benefits you need and want.
When comparing plans, you should ask yourself the following questions:
- Is my preferred doctor in network?
- Can I use out-of-network providers and facilities?
- Can I afford the monthly premium and out-of-pocket costs?
- What benefits do I need?
- Does the plan offer any additional benefits?
- Are my medications on the approved prescription drug list?
Step #5: Compare multiple plan options
The final step in your checklist is to compare your plan options. Many Medicare Advantage carriers offer multiple types of plans.
Humana offers several types of Medicare Advantage plans, including Health Maintenance Organization (HMO) plans, Preferred Provider Organization (PPO) plans and Private Fee-for-Service (PFFS) plans. The exact benefits and network rules of each plan will vary.
One simple way to decide between different Humana Medicare Advantage plans is by comparing plans online. Keep in mind that affordable and $0 premium plans may be available in your local area.*
You can get started right now. Enter your ZIP code below or call 1-800-472-2986, TTY 711, 24 Hours a Day / 7 Days a Week, to speak with a licensed sales agent about Humana plans available in your area.1