It is important that you review your coverage each year to determine if your plan is right for you. The “4 Cs” are an easy way to compare your options.
The price of most plans will change from year to year, even if it’s only slightly. By reviewing your options each year, you can feel confident that you’re getting the coverage you need at the price that fits your budget. Compare all types of costs, including deductibles and premiums, copayments and coinsurance to see if there are major differences. Next, look at the maximum out-of-pocket expenses for each plan. Finally, take a look at your prescription drug costs and compare drug prices for the ones you need.
It doesn’t matter what your plan costs are if the coverage isn’t what you need. Compare the coverage in each plan to make sure it’s right for you. Don’t be afraid to ask each provider specific questions. What services do you need the most? Has your health situation changed over the last year? Just because your plan worked for you last year doesn’t mean it’s the best option each year.
You’ve likely built relationships with your doctor and pharmacy, since they play crucial roles in your health and wellbeing. Some plans may require you to change doctors or get your prescriptions from a different pharmacy. For most people, finding a plan that allows them to stay with their doctor and pharmacy is important.
If you aren’t particular, you may want to make sure that your plan includes doctors and pharmacies close to home.
Customer service may not seem as important as the price or coverage of your insurance, but you don’t want to discover that your provider is difficult to deal with when you have an urgent problem. You could call each provider to determine how good their customer service is, but that would be tedious and inconclusive.
Instead, take a look at the Plan Quality and Performance Ratings. This rating system will help you compare and choose plans and providers.
If you’d prefer a little more guidance, consider working with HealthMarkets Insurance Agency. Finding Medicare coverage has never been easier. Not only do we provide research and comparisons for you, but we do it at no cost to you. Find an agent near you or visit our website today.