Open Enrollment for Medicare: What Does that Mean?

Once again, it’s OPEN ENROLLMENT TIME for Medicare. To find out exactly what that means for you, I sat down with Charmagne Preston, owner of CP FINANCIAL CONSULTING COMPANY.

BE: Charmagne, what changes are currently happening in the health insurance world?

Charmagne:
“Some Medicare customers are experiencing increased costs for their prescriptions due to a new drug law that was passed. They may receive a bill in the mail indicating they owe a certain amount for specific medications. Additionally, some Medicare customers will notice a reduction in their benefits, such as the removal of food or eyewear allowances. And some insurance companies are no longer in-network with certain hospitals. So, there is a lot going on during this enrollment period.”

BE: Let’s talk about open enrollment.

Charmagne:
“There was an open enrollment period for people under 65 looking for health insurance, and the deadline was January 15. However, there may still be opportunities to get health insurance due to special circumstances, such as moving to a new area, having a baby, getting married, or qualifying for low income.

For those on a Medicare Advantage Part C plan, there is also an open enrollment period from now until March 31. If they are experiencing unexpected prescription deductibles or reduced benefits, now is the time to make changes.”

BE: What happens if someone misses the open enrollment window?

Charmagne:
“Great question. If someone under 65 misses the enrollment period, they may still qualify for special enrollment due to circumstances such as low income, moving to a new area, getting married, or having a baby. They should contact a Medicare specialist to find out their options.”

BE: Where can Georgia residents shop for Marketplace Health Insurance?

Charmagne:
“Georgia residents under 65 can shop for health insurance through GeorgiaAccess.gov. I am available to assist with the process, as navigating it can be complicated. You can reach me at 706-525-5931.”

BE: Charmagne, as the owner of CP Financial Consulting Company, you are an expert specializing in Medicare Insurance and how it works. How can people reach you?

Charmagne:
“The easiest way for people to reach out is to simply call me at 706-525-5931. Call me for a free consultation.”

Contact Information for CP Financial Consulting Company

Charmagne Preston
CP FINANCIAL CONSULTING COMPANY

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• Office Cell: 706-525-5787

Licensed in AL, GA, FL, SC, NC, TX, MD, OH, VA