The end of the year brings with it many wonderful things. Hat-and-glove weather, memorable family gatherings, pumpkin-flavored delicacies and, well, the Open Enrollment Period (OEP) for the health insurance industry. And … since they’re not really writing holiday carols about that last one, let’s take a minute to sing talk about it here. Fa-la-la-la-la-la-la-la-la …
What is the Open Enrollment Period?
A: “It’s the most … wonderful … time … of the year.” Well, no. It’s not what Classic Christmas crooner Andy Williams was famously singing about … but who says it can’t be?? The annual Open Enrollment Period for health insurance gives us the opportunity to examine what we have against what we want to determine if we’re carrying the best possible coverage for ourselves and our families. Outside of exceptions for lifestyle modifications (marriage, job change, birth, etc.), this magical window of time is when changes can be made.
Q: Who should be using the Open Enrollment Period?
A: Anyone and everyone is welcome to take advantage of this once-a-year opportunity. Medicare recipients, in particular, are encouraged to do their homework in selecting a policy from the cornucopia that is Medicare replacement policies (also known as Medicare Advantage).
Q: Which is the better option … traditional Medicare or a Medicare replacement policy?
A: That answer is different for everyone. It really just depends on what you’re looking for in a healthcare plan. On the one hand, Medicare Advantage policies may offer extra coverage (vision, dental, etc.) and additional perks (fitness centers, etc.) all at less out of pocket. However, on the other, your original Medicare policy includes a much broader menu of plans and providers with consistent coverage around the country.
We accept Medicare and most (but not all) replacement plans. So, if you choose to shop for a new policy, don’t forget to check the provider list for Southshore Physical Therapy. We love having you as a patient and want to keep you in the family!
If you have any questions, please call us at (504) 885-8969.
– Michele Robert Poche