The Annual Election Period begins on October 15 and runs through December 7th.
So you may be wondering what this means for you.
Most likely that there were changes made to your current plan for the upcoming year.
Have you reviewed the changes?
You need to know that some benefits may change on your current plan for the upcoming year. A thorough understanding of how your plan works and any new developments to it can save you a lot of trouble in the long run.
Before you decide whether or not to stick with your current plan, you should review it carefully to see if there will be any significant changes made. Some widespread changes to plans for the upcoming year may include revisions to the prescription drug formulary, plan costs (such as premiums, co-pays, and deductibles), and cost-sharing.
Plans may also change their network coverage from year to year, so you will want to ensure that your primary care physician will still accept your current plan. ANOC will not answer this question, so you will want to speak with your doctor’s office to make sure.
If you live in a rural area, it will be particularly important to check the provider network to ensure that there will be a wide range of Specialists in your general vicinity.
It is always good to review your plan every year whether or not your plan is making changes. Being an informed consumer is being a smart consumer.
Give us a call, and we can help you review your plan for the upcoming year against other plans available to you in your area. All of our consultations are a service. There is never a cost or obligation to you.