Welcome to the 2023

Annual Enrollment Period (AEP)!

Please read this entire communication which has important details and steps to consider in preparation for the upcoming 2023 AEP on your Medicare Part D prescription drug (PDP) or Medicare Advantage (MA) plan.

Thank you for your business and the ongoing trust you place with us!

Researching, shopping and changing your Medicare Part D prescription drug plan has never been easier. Our enrollment tool, My Guided Medicare, allows you to compare plans, shop and enroll. Our clients have been raving about this tool! Your next steps are outlined further down in this communication under Reviewing your own Part D drug plan. Starting October 15th, you will be able to enroll. Once a plan is selected, simply begin the enrollment process. 

As you get started,

be sure to login or create an account for the first time!

General AEP information:

Between the dates of October 15^th -December 7^th, you can enroll for the first time, or make changes to your existing Part D Drug Plan or Medicare Advantage plan for coverage effective January 1^st. This is generally the only time of year you can make changes to these plans.

• There are limited opportunities after December 7^th to change plans until the next annual enrollment period.

Medicare Supplement plans can be reviewed and changed year-round and are not restricted by the Annual Enrollment Period. Please keep in mind premium rates will adjust annually, and the timing of rate changes varies by carrier.

1)     Review your Annual Notice of Change (ANOC) package, which you should receive from your current insurance company on or around October 1^st. This notice contains important information including: 

•  An abbreviated formulary (list of covered medications).
• You can view your insurance company’s complete formulary on their website.
• The plan's premium and applicable co-pays and deductibles.
• Changes to your prescription plan such as the pharmacy network, if your current plan will be discontinued, or if you have been mapped to a different plan.

2)     Please check that all your medications are covered on the formulary. We generally recommend clients stay with their current plan unless:

• A drug you take has changed formulary tiers.
• A drug you take is no longer listed.
• You are strongly dissatisfied with your existing 2022 plan.

Reviewing your own Part D drug plan is easier than ever with our My Guided Medicare Quoting and Enrollment Tool!

• Log into your existing My Guided Medicare (MGM) Account, or if you don’t have one, please create a new account. Be sure to keep your password. Click Here to get started.
• For instructions on how to enter your medications and pharmacy into MGM, please Click Here.
• 2023 drug plans will be listed in order of total yearly cost under the “Prescriptions Drug Plans” tab in your account in MGM. 
• If you decide you want to change plans, we encourage you to self-enroll through your personal My Guided Medicare account between October 15^th and December 7^th. 
• If you are being automatically mapped to a different drug plan, YOU DO NOT NEED TO RE-ENROLL. Please see your ANOC for more details. Coverage will be effective January 1^st, 2023 and will automatically cancel your prior coverage as of this date.

If you do not have a computer, tablet, smartphone or internet access, you can call 1-800-Medicare or contact SHIBA at 1-800-562-6900 for help with plan review and enrollment.

If you have taken these steps and require additional assistance, please call our office at 360-385-4400. 

As of October 1, 2022, we are required by CMS (Centers for Medicare & Medicaid Services):

• To record all phone calls with Medicare beneficiaries. 
• To Disclose: “We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.”

We know you have many options and thank you in advance for your decision to work with us. We look forward to continuing to help you with all your Medicare insurance needs in the year ahead!

Visit our website for more information!

We appreciate your business and look forward to working with you in the upcoming year!

2300 South Park Avenue | Port Townsend, WA 98368

Ph: 360-385-4400 | www.kristinmanwaring.com

email: info@kristinmanwaring.com