These are the 5-Star Medicare Advantage Plans for 2021 in Florida

These are the 5-Star Medicare Advantage Plans for 2021 in Florida

If you are a Medicare patient, you have undoubtedly noticed a recent torrent of ads from Medicare insurance providers. This is an annual event, coinciding with Medicare’s Open Enrollment Period, which runs from October 15 to December 7 of each year. During this period, seniors can easily sign up for a new plan, switch plans or leave a plan. When the enrollment period ends, all of these options become more difficult, if they are available at all. During this time, seniors may enroll in a Medicare Advantage Plan if they have been enrolled in original Medicare (Parts A and B) or move from one Medicare Advantage Plan to another. These Medicare Advantage or “MA” plans are rapidly growing in popularity. In fact, enrollment in MA plans has doubled in the past decade, and the Congressional Budget Office predicts that nearly half of all Medicare beneficiaries will be in MA plans by 2029. There are good reasons for this trend. It has always...
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Plan now for the 2021 Medicare open enrollment period

Plan now for the 2021 Medicare open enrollment period

Medicare’s Open Enrollment Period (OEP) runs from October 15 to December 7 of each year. The choices made during that time become effective the following January 1, remaining in effect for the coming year. During the OEP, Medicare patients may make changes that can substantially affect the way they receive and pay for medical care. This topic can become confusing, even scary. The torrents of marketing material received, and the critical importance of this issue lead many seniors to freeze in place and do nothing. This is a mistake; nothing is more important to seniors than getting the very best out of Medicare. Each year, the Medicare OEP should be a time to reevaluate your personal situation and make an intelligent decision. Advertisements aimed at Medicare patients sometimes cloud this issue. The changes coming to Medicare in 2021 are not great, but this does not mean that seniors should let the enrollment period pass without considering their own circumstances. A senior’s personal...
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