With annual changes in Medicare plans, premiums, and benefits, it’s important to take these steps to ensure you’re on the right track for 2025:
1. Review Your Current Coverage
Start by analyzing your existing plan. Consider the following:
Are your doctors still in-network?
Have your healthcare needs changed in the past year?
Are your prescriptions covered under your current Part D plan?
Are you paying more out-of-pocket than you anticipated?
2. Compare Medicare Advantage and Medicare Supplement Plans
Medicare Advantage (Part C) plans often include additional benefits but may have restricted provider networks. On the other hand, Medicare Supplement plans can help fill gaps in Original Medicare without limiting your choice of providers. Evaluate which option fits your needs best.
3. Evaluate Your Prescription Drug Coverage
Medicare Part D plans change annually. Even if you’re happy with your current plan, it’s essential to check if your medications will still be covered and if there are any changes in premiums or copayments for 2025.
4. Consider Your Budget
Factor in all costs, including:
Monthly premiums
Annual deductibles
Out-of-pocket maximums
Copayments for doctor visits and prescriptions
Why 2025 Could Be a Big Year for Medicare Changes
Each year, Medicare adjusts its plans to accommodate legislative updates, inflation, and healthcare trends. Here are some potential changes to look out for in 2025:
Adjustments to Part B premiums and deductibles
New Medicare Advantage benefits
Updated drug formularies under Part D plans
Changes to Medigap policies for new enrollees
Staying informed about these changes can help you avoid surprises and ensure your healthcare needs are met.
How Preferred Senior Benefits Can Help
At Preferred Senior Benefits, we specialize in helping individuals navigate the complexities of Medicare. Whether you’re new to Medicare or reviewing your current plan for 2025, we offer personalized assistance to find the right coverage for you. Here’s how we can help:
In-Person Consultations: Meet with us at our office to review your options and get all your questions answered face-to-face.
Phone Support: Schedule a call with our team to discuss your needs and explore your options from the comfort of your home.
Virtual Meetings via Zoom: Prefer a virtual option? We’re happy to connect with you online for a convenient Medicare review.
We’ll guide you through the process, compare plans, and ensure you’re fully informed about your choices.
Why It’s Important to Act Now
Medicare’s Annual Enrollment Period (AEP) runs from October 15 to December 7 each year, but it’s never too early to start planning. Proactive planning allows you to:
Avoid last-minute stress
Secure the best plan for your healthcare needs
Take advantage of potential cost savings
Get Expert Help Today!
At Preferred Senior Benefits, we’re dedicated to helping you make informed decisions about your Medicare coverage. Contact us today to schedule a no-cost Medicare review in-person, over the phone, or via Zoom. Let us simplify the process and help you secure the coverage you need for 2025.
Call us now at 208-818-2523 to schedule your appointment! Take control of your Medicare journey today and rest easy knowing you’re in good hands.
About Preferred Senior Benefits in Meridian, Idaho
Medicare is a federal program that provides healthcare coverage to individuals 65 years or older. Original Medicare coverage is broken into two parts—Part A and Part B—and is accepted by nearly every doctor and hospital in the country. Medicare Part A covers inpatient or hospital stays, while Part B covers outpatient or medical care. Together, Part A and B cover about 80% of the typical healthcare costs seniors face. This leaves a few significant gaps in coverage. Medicare Supplement (Medigap) and Medicare Advantage plans are policies designed to help extend coverage, lessen costs, and ultimately give beneficiaries peace of mind. If you or someone you know would like more information about how to enroll in Original Medicare or one of the Medicare Advantage plans, call now to speak with a licensed agent (208) 818-2523. We can’t wait to help you learn about your options.
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