We market the traditional Medicare Supplements such as Plan F and Plan G. This plan allows the insured to visit any provider which subscribes to Medicare as long as the insured has Medicare Parts A & B. For example, a 65-year old is eligible for the Anthem BlueCross Plan G at a monthly premium of $130.54 which covers all medical costs other than the Medicare Part B deductible. Prescription drugs can be covered with a Part D drug card.
This is a program where you choose a private insurance carrier as your Medicare provider and Medicare assigns the Part A and Part B responsibility to that provider. The premiums can be $0 per month, but you do have out of pocket costs for services, and you must stay within a network of providers. Most Medicare Advantage plans also include a Part D drug plan. The Medicare Advantage Plans continue to gain in popularity within the metropolitan area.
Medicare Open Enrollment
Open Enrollment occurs between October 15th through December 7th for a January 1st effective date. This Open Enrollment period allows for those on Medicare Advantage and those with Part D drug plans to change carriers if necessary. Those with traditional Medicare Supplements do not fall under this exact window for making policy changes. Keep in mind, you are not required to make any changes to your policy for the Medicare Open Enrollment. Unless you have a plan that is being discontinued, your existing program will automatically renew in to the following year if you choose to not make any changes.