5 Tips to Help You Choose Your 2025 Health Benefits
MIND YOUR BUSINESS
Article from BPT Website
health and cost savings:
1. Plan ahead. Take time to understand the benefits, services and costs of plans available - including what might have changed with your current coverage. Pay attention to more than just the monthly premium, also understanding what out-of-pocket costs like deductibles, copays and coinsurance you may be responsible for. Resources like JustPlainClear.com and MedicareMadeClear.com can provide valuable assistance.
Medicare members and caregivers: As you weigh your options, assess the differences between Original Medicare and Medicare Advantage. Visit MedicareEducation.com to find answers to questions about eligibility, plan choices, prescription coverage and more.
2. Help prevent unexpected costs. Check if your doctor is in your plan's provider
(BPT) - As millions of Americans evaluate their health plan options during this fall's open enrollment season, a new survey finds that 3 in 5 Americans incorrectly defined key health care terms. This knowledge gap may result in less-than-ideal selections, which could cause you to miss out on plans that might better suit your needs and offer potential cost savings.
Enrollment timing: For people with coverage from their employer, open enrollment typically happens during a two- or three-week period between September and December. For those eligible for Medicare, the Medicare Annual Enrollment Period runs from Oct. 15 to Dec. 7 each year. For people shopping for individual plans on the Health Insurance Marketplace, open enrollment begins Nov. 1, 2024, and ends Jan. 15, 2025, in most states. Here are a few tips to consider when choosing a plan that may help lead you to better