Just a reminder, the Annual Enrollment Period (AEP) is a time when you can change your Medicare Advantage (MA) or Prescription Drug Plan. You can change from one MA plan to another, change from a Medigap plan to a MA plan, or change from a MA plan to a Medigap plan. You can do this between October 15 – December 7.

If you are on a Medigap plan, a plan that pays 2nd to Original Medicare, Medigap plans do not require updating during AEP. However, AEP is the time that you would review your Prescription Drug Plan (PDP) coverage. If you are thinking of changing from the Medigap plan to a MA plan, AEP is the time to do that.

Please take your PDP coverage seriously. There are usually some significant plan changes that take place. Reviewing your PDP coverage can save you a lot of money for the following year. Just as a heads up, there is a PDP that is no longer being offered in CO in 2027. If you are on a plan that is leaving the state, you definitely need to submit an application for another plan.

The Medicare Advantage (MA) Plans are also going to experience a few changes. One of the changes that will have a big impact on some people is another change in grocery benefits. That’s right, it’s changing again in 2027. If you receive a grocery benefit on your current MA plan, that might not be a benefit for you in 2027. Medicare made a rule that only people with certain Chronic Conditions may qualify for the grocery card benefit. This rule is tightening up even more in 2027.

Other plan changes could include your MA plan leaving the area. If this is happening to you, you have a few options so please don’t let this time pass by without consulting a professional.

As always, I am happy to help you with your Medicare questions. Just reach out. 720-665-6015 call/text.