December Medicare Must-Knows

By RetireMEDiQ

We strive to keep you informed about the latest Medicare news. Each month, we recap the top information you need to know about recent developments in the Medicare industry. This month, we cover AEP, wellness visits and caring for your loved ones during the holidays.

Last Chance! Medicare’s Annual Enrollment Period Ends December 7

The Annual Enrollment Period (AEP) will end December 7. During this time, Medicare beneficiaries may choose to enroll in a new plan if you are dissatisfied with your current plan. Compare plans with benefits including no or low monthly premiums, fitness benefits, a monthly benefit for over-the-counter items and more.

If you like the plan you are currently on, no action is required by you to continue your coverage for 2020.

If you are not a current client and are either new to Medicare or looking to compare your Medicare plan options with a trusted advisor, you can reach our team at 1-866-600-5638 or advice@retiremediq.com.

Be Sure to Schedule Your Annual Wellness Visit in January

As we approach 2020, you may be considering a lifestyle change or what your New Year’s resolution will be. The good news is that since a lot of resolutions tend to be health related, you have an opportunity to get a head start on your health for the upcoming year through your Medicare plan.

One of your benefits, which is covered by Medicare Part B, is an annual Medicare Wellness Visit. This is an opportunity to be proactive with your health. Your wellness visit is focused on reviewing your current health with your doctor and coming up with a plan to reduce your risks. Here is what you can expect at your Annual Wellness Visit:

  • Screening for depression and memory problems
  • Medical advice from your doctor about health concerns or risk factors
  • Instructions from your doctor about necessary follow-up tests

For more information about what you can expect from your wellness visit in 2020, visit our blog.

Take Advantage of Medicare’s Free Preventive Services in 2020

Your annual Medicare wellness visit is a great time to talk to your doctor about any concerns you may have and consider which preventive services you’d like to receive in the new year.

A few examples of services that are covered include diabetes screening, education and supplies, weight loss counseling, nutrition therapy services, and smoking and tobacco use cessation.

Once you know what’s covered, you can begin fully taking advantage of your Medicare coverage in the new year! For more information on what’s covered, check out our blog on Medicare’s preventive services.

Caring for Loved Ones During the Holidays

We tend to see our families more often during the holidays, and it’s sometimes the first time we see how our loved ones are doing. If you become concerned about your friend or family member’s well-being and think it might be in their best interest to have a power of attorney, here are some tips for handling becoming power of attorney without overstepping.

Are you caring for a loved one? If so, we can deliver them and you Medicare peace of mind. Call us at 1-866-600-5638 to speak with an advisor!

There are more than 44 million people who currently care for family members, friends or neighbors in the U.S. If you are one of these people, we want to thank you and wish you a happy holiday.

We’d Love to Hear from You!

If you have questions about anything covered in this post, please comment below, call our team at 1-877-222-1942 or email us at client@retiremediq.com.

If you are not yet a RetireMEDiQ client and have questions about what these changes may mean  as you approach retirement, contact our team of advisors at 1-866-600-5638.

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