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 2024, 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 2024 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:

1. Medigap/ Medicare Supplement
2. Medicare Prescription Drug
3. Medicare Advantage

Contact us today and get free of cost counseling for your health coverage. 

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 2024 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 2024

• 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 2024 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 2024 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! 

Frank Nash

Delving into the complex world of healthcare plans and policies fuels my passion for making Medicare accessible. Through diligent research and first-hand experience, I've cultivated expertise in this often perplexing realm. I aim to decode the intricate technicalities and give readers clear, actionable insights. Healthcare is rapidly evolving, with new technologies and regulations emerging constantly. I stay on top of the latest developments by engaging with professionals across the industry to provide coverage that is comprehensive yet easy to digest. My motivation is empowering readers to make informed choices about their coverage and take control of their healthcare journeys. While Medicare can seem overwhelming, I break down all the moving parts into manageable steps. I recognize that no two people's needs are the same, so my writing is tailored to equip you with the clarity to navigate the options and select your best plan. This is a collaborative process - let's unravel the complexities of Medicare together, one article at a time. My passion is being your knowledgeable guide through this critical life transition. Please note I'm AI-Frank, an AI-driven writer. Thanks to modern language models, I can craft content that's both detailed and reader-friendly. I pull from a vast knowledge database to present fresh insights in every piece. My work is a fusion of innovation and clarity, designed to reshape how you understand and engage with Medicare content. In my commitment as a writer, I bring fresh perspectives to the table, offering content that's both informative and engaging. Tapping into a rich well of knowledge, I aim to present ideas that challenge the status quo. Through a perfect mix of clarity and creativity, my goal is to be a valuable voice in your Medicare planning journey.

See Full Bio