The Annual Election Period is Here

Well the annual election period is here and it is time for Medicare beneficiaries to start comparing their Part C and Part D plans. This is the only time during the year in which an applicant can make changes to their plan after their initial enrollment or special election periods.

The Importance of Part D Evaluations

As mentioned on our website, Part D plans change each year which make it extremely important to compare plans during the AEP.

I like my current plan why is important to compare other options?

We have a lot of clients that are happy with their current plan; however, premiums, co-pays, and formularies change each year.   An example is a client who choose the AARP Saver Plan in 2013 with a premium of roughly $15 was getting a slight increases to $22 per month.

Even though this is a high percentage it is a low premium overall.  What the consumer would not know without comparison would be the that now their $290 per month prescription is no longer covered by this plan.  That means the consumer would be responsible for $290 each time she filled that prescription.

Through Medicare.gov’s Part D tool we found other options and found a plan for $28 premium that had that prescription at a $6 co-pay during the initial coverage period.   That $6 in premium difference was nothing compared to the $284 difference in prescription co-pay.

Annual Election Period

The annual election period is between October 15th and December 7th each year.  Trying to enroll on December 8th is too late, you will be unable to enroll for a new plan effective for 2014 if you do not enroll prior to December 7th.

For help with your supplemental Medicare plans please contact MWG Senior Services at 877-936-2991.  We look forward to being your guide and help with Medicare Part D analysis.

Annual Election Period

2014 Medicare Annual Election Period

Medicare Help for Mississippi

MWG Senior Services is providing Medicare Help to the residents of Mississippi.  Morgan-White Group (MWG) is headquartered in Jackson, MS and is recognized as being one of the top businesses in the state.  The company started a senior division of the company after realizing that there were countless Mississippians needing help with the Prescription Drug and Medicare Supplement Plans.

Medicare Help – MWG Senior Services

MWG Senior Services offers free drug plan analysis to all their Medicare Supplement clients.  They recommend Medicare.gov being one of the best ways to compare Medicare Part D plans but recommend their Medicare Supplement Quote Engine as the top way to compare supplemental insurance.

“People need help with their Medicare Drug Plans.  If you do not know how to compare plans it would be easy to enroll in the wrong plan or stay enrolled in your current plan because you were happy with last year’s coverage.” states Ryan Eaton the senior division manager.

Medicare Help in the State of Mississippi is hard to find.  There are very few companies in MS that offer Medicare guidance for those over 65.  Don’t get us wrong there is always someone who can sell a Medicare Supplement plan or another type of insurance policy, but there are very few senior market advisors that can help Medicare beneficiaries compare their plan options.

Need Help – What Should You Do

If you need Medicare help MWG Senior Services can assist you.  The first step would be to call 1-877-936-2991 and speak with one of their senior market advisors who would ask you some initial questions about your situation.  These questions are asked because their are time frames and enrollment periods that we have to work through.

One of the specialists in the MWG office will then set an appointment with you, which you can come to the office for your consultation.  MWG Senior Services is located off I-55 in Jackson between Briarwood and Adkins Drive.

Medicare Help

Medicare Insurance Finders helping you with your 2014 Medicare Supplement insurance needs.

 

 

Where do I find the best Medicare Supplement Rates?

Odds are you are reading this article because you want to find the best Medicare Supplement Rates available!  Can’t say I blame you, with coverage being standardized among insurance companies it makes it much easier to compare these Medicare Supplement Plans.   These policies can not have different benefits from one company to the next so comparing plans really comes down to the price and the company’s financial stability.

Compare Medicare Supplement Rates

So now that you know the importance of comparing Medicare Supplement Rates let us explain the best way to compare the plans.

  1. First of all you will need some basic information to look up rates accurately.  This is your date of birth, zip code of residence, gender, and tobacco preference in most states.  These are factors that are required with about 95% of the companies across the country to get a quote.
  2. You want to go to a website or agency that has numerous plans or insurance companies available.  It is a lot of work to go to 15 different companies to get quotes one by one, so we recommend using this quote engine to compare plans all at once.  Compare Medicare Supplement Rates
  3. Spousal Coverage – you may benefit from lower Medicare Supplement Rates if you and your spouse apply together.  Some carriers offer a 7% discount if both spouses are with the same company.  Mutual of Omaha, United of Omaha, Manhattan Life, and others offer this benefit.

When you go to the website referenced above you will be asked some basic questions and then you will have quotes displayed with up to 25 insurance companies in some states.  The plan automatically defaults to the Plan F while showing you the lowest prices at the top.   You can compare different plans “A – N” on the side using the drop down option.

If you have problems accessing quotes feel free to call the toll free number 1-877-936-2991.  We hope you enjoyed this article and we feel certain that following this advice will result in the lowest Medicare Supplement rates available.

Medicare Supplement Rates

Medicare Supplement Plans