Updated Medicare Plan; All Must-Knows, Medicare Annual Enrollment, Deadlines and More

Each month, our well-informed counselors gather all the newly released information regarding the Medicare industry. Then we describe it to our clients so that they remain up-to-date on their Medicare coverage. We are 24/7 here to inform and guide you through step-by-step. For October, the Medicare professionals have updated on the Medicare Annual Enrollment 2021, prescription drug plan in 2022, the premiums for Medicare Advantage, and more.

Medicare Annual Enrollment Begins on October 15

The enrollment period for Annual Medicare starts on October 15. This seven-week period allows you to learn about your 2022 Medicare plans. You can explore through them and pick the ideal coverage for the upcoming year.

Are You Already Enrolled?

If you are already on Medicare, then you can modify your plan during the Annual Enrollment. There are several changes that you can make. Here are a few examples:

First, you can convert to a Medicare Advantage plan from your Medigap (Medicare supplement plan).
Second, you can add a Medicare Supplement plan to your already existing Medicare plan.
Third, you can add a prescription drug plan to your Medicare coverage.

Advisors at NewMedicare will look into your preferences and give suggestions accordingly. However, if you are satisfied with your current Medicare coverage, you can skip making any changes.

How Do I Get Enrolled?

Do you meet the eligibility criteria of Medicare coverage but still haven’t enrolled? If yes, then the Annual Enrollment is here to get enrolled. Our professional advisors will help you through the process. We will compare all the plans and choose the right one for you. These plans include:

Medigap/ Medicare Supplement
Medicare Prescription Drug
Medicare Advantage

Am I Eligible for Medicare?

Are you confused about whether you fit the eligibility criteria or not? Don’t worry! We are here to lend a helping hand. With the help of our free tool, you can find the answer. Moreover, you can also schedule a call with our advisor!

Deadline of Medicare Annual Enrollment Period

The government announced December 7 as the last day of Medicare Annual Enrollment. Do not let this opportunity go and find the plan options for yourself

Must-Knows of 2022 Medicare Advantage and Premiums of Prescription Drug Plan

The Centers for Medicare and Medicaid Services (CMS) recently released the updated premiums and benefits for Medicare Advantage and prescription drug plans (Medicare Part B). Here are the changes they made:

Average Premiums for 2022

Medicare Part D: $33 for each month (previously $31.4)
Medicare Advantage: $19 for each month (previously $21.22)

NOTE: These average premiums may differ according to the plan you choose.

Improved Benefits & Medicare Advantage Enrollment

The Medicare Advantage plans are actively working to improve and increase their benefits. In addition, the Medicare Advantage enrollment in 2022 would increase from 26.9 million in 2021 to 29.5 million.

Following are the benefits you may retrieve:

Grocery gift cards per month
Medicare would cover vision, hearing, and dental services
Fitness memberships
Prepared meals and transportation services
Flex-spending cards for prescription glasses, hearing aid, and dentures

Learn more about what benefits you may gain through the 2022 Medicare plan. You can do so by contacting our advisors.

Vaccine Requirements for Health Care Staff

Earlier in September, CMS had mandated COVID-19 vaccinations for staff working in Medicare and Medicaid-supported facilities. It has encouraged staff of nursing homes and end-stage renal disease (ESRD) to get vaccinated. It will effectively help in lowering the rate of COVID-19.

Have Any Medicare Questions? We Will Help You!

Do you want to learn more about your Medicare plan? Or do you want to get the most out of the Annual Enrollment? We are here to provide you with guidance! Our advisors are 24/7 available to help you out regarding your health coverage plan.

You can now schedule a call with us to review your Medicare plan at no cost!