AEP IS FOR MEDICARE ADVANTAGE AND PART D PRESCRIPTION DRUG ONLY – IT IS NOT FOR MEDICARE SUPPLEMENTS
Many changes are expected in 2027 related to Medicare Advantage and Part D drug plans:
Changes will likely be:
- Current Advantage plan may have different copays, different dental/vision allowances, prescription copays and drug formulary may change
- Current Advantage plan may be discontinued (terminated)
- Current Advantage plan Carrier (Insurance company) may pull out of your zip code all together
- Part D drug plan monthly premium may increase, copays and drug formulary may change
Here are your options:
- VERY IMPORTANT TO READ YOUR ANOC (ANNUAL NOTICE OF CHANGE) LETTER – arrives late September / early October 2026
- You can shop for a new Medicare Advantage plan during Annual Enrollment (October 15th – December 7th) – new plan will be Effective January 1, 2027
- You can switch back to Original Medicare (Part A and Part B with the government) and shop for a Medicare Supplement (aka Medigap) plan and a Part D prescription drug plan
- If your Advantage plan was discontinued (terminated) you will be eligible for a federal “guarantee issue” right to get a Medicare Supplement (Medigap) plan – this means NO Medicare Underwriting to be approved by a Medigap plan.
- You can always shop for a less expensive Part D (Stand-alone) Prescription Drug plan monthly premium
Click for estimated Standard Medicare costs in 2027
Please call for more information on the changes in 2027 and assistance with ensuring you get the optimal plan in 2027
Attend a Free Educational AEP Seminar – Click Here for Dates and Times
Medicare Drew
Licensed Insurance Agent / Independent Medicare Broker
(303) 929-9218
Service is ALWAYS 100% FREE
