We printed this Q&A column in the Oct. 10, 2020 edition of The Lewiston Tribune.
A: The Medicare Annual Election Period is coming up from October 15th through December 7th. This is time to make changes to your plans.
Review your Prescription Drug Plan (PDP) - It is really important to review right now. Seniors are often shocked to know that they can change their PDP plan and get more benefits while paying a lower premium.
PDP plans often have premium rate increases or change how they pay benefits on the particular prescription drugs you need. We review your actual prescription drug list and compare how benefits are paid by the most popular PDP plans. Then you choose the right plan that pays the most for prescription drugs at a premium you can afford.
Other Changes to Consider Now
• 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 similar plan
• Join a Medicare Prescription Drug Plan
Any plan changes would take effect on January 1, 2021.
Get local assistance at AMERICAN INSURANCE. Free help is available. We have two local health agents for Medicare plans and represent many different insurance companies to provide you more choices. Call agents Tim Gleason or Dave Root at 208-746-9646 or email us at Medical [at] Am-Ins [dot] com or contact us online to set your appointment today.