As you may know, we are well into the Medicare Annual Enrollment Period (AEP).  This year it is very important for you to review your current Prescription Drug Plan or your Medicare Advantage Plan.  This time frame is when you can change plans for the upcoming year.  The formularies have changed a bit as well as the monthly premiums.  

Please send me your list of prescription medications so that I may process a review for you. Send to hilgerman.insurancesolutions@gmail.com.

Perhaps you’re finding that your current plan doesn’t cover all the medications you need, or maybe you’re simply looking for better pricing. Whatever your reason, a review of your Medicare drug plan doesn’t have to be a daunting task. At Hilgerman Insurance Solutions, we understand the importance of finding the right coverage for your healthcare needs. You can sit back and relax while we do the work for you.

You can make changes to your Medicare Part D (prescription drug) plan during specific periods:

1. Annual Election Period (AEP): This period runs from October 15 to December 7 each year. During the AEP, you can change your drug plan or Medicare Advantage plan from one Medicare health plan to another. Any changes made during this period will take effect on January 1 of the following year.

2. Special Enrollment Periods (SEPs): These are available based on specific circumstances, such as moving out of your plan’s service area, losing other drug coverage, or living in an institution like a nursing home. The availability and timing of an SEP depend on your particular situation.

This year it is extremely important due to the many changes that are taking place for 2025.  It’s a good idea to review your Medicare Part D coverage annually, especially during the AEP, to see if another plan could offer better coverage or lower costs based on your prescription drug needs. 

Assess Your Current Plan

We’ll take some time to review your current Medicare drug plan and make note of the medications you’re currently taking, the costs associated with your plan, and any limitations or restrictions.

Compare Plans

Once we receive your list of prescription medications and the Scope of Appointment, it’s time to explore your options. Hilgerman Insurance Solutions will compare different Medicare drug plans available in your area that cover your medications at a reasonable cost and offer the benefits you need.

Consider Your Budget

When switching your Medicare drug plan, it’s important to consider your budget. We can find plans that offer competitive premiums, deductibles, and copayments. Keep in mind that a lower premium may not always equate to the best overall value, so be sure to weigh the costs against the coverage offered.

Enroll in Your New Plan

Once we’ve found a Medicare drug plan that meets your needs, it’s time to enroll. I will walk you through the enrollment process.  You can typically enroll in a new plan during the Medicare Annual Enrollment Period, which runs from October 15th to December 7th each year.  

Review Your Coverage Annually

After switching your Medicare drug plan, we will review your coverage annually. Your healthcare needs may change over time, so it’s important to reassess your plan each year during AEP to ensure you’re still getting your medications covered at a reasonable price.

At Hilgerman Insurance Solutions, we’re committed to helping you navigate the complexities of Medicare and find the right coverage for your unique needs. If you have any questions or need assistance with switching your Medicare drug plan, don’t hesitate to reach out to our knowledgeable team of insurance experts. With your guidance, we make a seamless transition to a Medicare drug plan that offers the coverage and peace of mind you deserve.

Hilgerman Insurance Solutions of Camarillo is an independent insurance agency that specializes in the senior market, while offering health insurance solutions for small businesses and individuals. We are contracted with 11 of the top insurance providers to offer you 65 plans that will work for your needs, all with personal hands-on service and support. 

Our commitment is to provide expertise, friendly service along with a timely response. Please feel free to contact us today for a quote and/or no-cost consultation.   

Hilgerman Insurance Solutions
Your Health Insurance Advocate
(805) 279-5482
hilgerman.insurancesolutions@gmail.com   
www.hilgermanins.com