With the new year brings a lot of questions about your Medicare plan and changes in your premiums. It is important to ask the right questions about your Medicare plan in 2023 so that you can make the changes necessary to keep your coverage.
Are My Medicare Premiums Going to Change?
Whether you have Original Medicare through the government or a Medicare Advantage plan through a private insurer, the beginning of 2023 is a good time to ask about changes in how much you are paying. Overall, you may only see a small change in your Medicare premiums at the start of 2023, but this varies depending on your insurer, policy and other circumstances.
Have My Healthcare Needs Changed?
It is important to keep track of any changes in your healthcare needs so that you can adjust your Medicare plan accordingly. Do you need additional coverage for outpatient care? Have your medication needs increased? In some cases, you could be diagnosed with additional health complications that may require more care or medication in 2023 than you saw in 2022. Not all Medicare plans are created equally so be sure to adjust your plan as your healthcare needs change.
Have There Been Changes in My Health Insurance?
Say you were covered in 2022 by your spouse’s employer-provided health insurance along with your Medicare policy. In 2023, your spouse has retired, meaning you no longer have additional health insurance offered through their job. If you lose additional health insurance, you may need to increase the coverage offered through your Medicare plan or speak with your Medicare agent about what these changes mean for you and your healthcare needs.
Is My Doctor Still Covered?
Along with changes in your Medicare premiums or plans, there may also be changes in your coverage, especially if you have a Medicare Advantage plan through a private insurer. You will want to check your Medicare plan to see if your healthcare needs are still covered, including your preferred healthcare provider. Your doctor may also see changes in the new year that could affect the insurance they do and do not take. Ask your Medicare agent and your healthcare provider if there are any changes that could influence where and how you receive healthcare.
Your health is crucial. Be sure to ask the right questions to ensure that you remain covered.