There are many factors involved in selecting the best Medicare plan—the choice is unique to each individual. Evan Hountz and Jacob Vogelsang at HealthMarkets unravel the intricate process of Medicare and health insurance with answers to our top questions.
1. What is the Medicare AEP?
AEP is the “Annual Enrollment Period,” the limited time you get each year to tweak your Medicare plan to best match your needs. As specialists, we evaluate prescription and co-pay costs and help clients make the most cost-effective choices. You can add enhancements or switch plans annually, but only between October 15 and December 7.
2. How does HealthMarkets help clients find the best plan?
There are hundreds of plans out there. It can be challenging to find the one with the formula and network you want. We use FitScore®, a tool to help clients consider their budget and find a personalized plan that works best for their situation.
3. How does the Affordable Care Act (ACA) impact recipients under age 65?
ACA subsidies may be applied to plans if you have a certain income. Whether or not you get a subsidy can completely change the deductible or max the out-of-pocket expenses and premiums of almost all plans. A few dollars per month can end up saving you thousands of dollars each year. ACA plans also cover preexisting conditions, which means even if you are not currently in the best of health, almost anyone can qualify.
4. Is there a way to simplify the Medicare process?
Making the right choice is extremely important. At HealthMarkets, we work with clients to help navigate the process of finding a health plan that is going to best fit their needs and budget. Our service is of no cost. We simply want to help people review their plan options so they can feel confident in all their choices, not just this year, but for years to come.
4765 Glendale Milford Road, Blue Ash, Evan: 513.214.1973, Jacob: 513.212.6625