Part B premiums

As part of a short-term funding bill passed by the Senate, increases to Medicare Part B premiums will be capped at 25% of what it otherwise would have been for 2021.

What It Means For You

Savings. Although we do not yet have an exact premium amount for 2021, the Senior Citizens League, an advocacy group, is estimating the increase to be 1.3% instead of the previously expected 6%. Exact premium amounts are expected to be released sometime in November.

Savings for Diabetics

The Part D Senior Savings Model provides affordable insulin. We all know what a difficult problem this has been. Participating plans will offer insulin for a maximum copay of $35 for a 30-day supply of certain brands of insulin starting in 2021.

What It Means For You

This will increase the ability of seniors to obtain quality insulin for lower prices. You or your family members with diabetes won’t have to panic when you have to buy insulin, wondering how to afford it.

Plans That Offer Telehealth Benefits Are Increasing

In 2020, roughly 58% of plans offered telehealth benefits. 2021 will see an increase in that number to over 94% of plans offering telehealth.

What It Means For You

This will give seniors a big advantage in 2021. With the ongoing pandemic, many seniors have been afraid to venture out to see their doctors. Telehealth allows patients to talk to their doctors by using a phone or computer. It’s completely safe and saves you the time you would normally spend waiting at the doctor’s office.

End Stage Renal Disease Coverage Options

In the past, people with ESRD who developed the disease while on an Advantage plan were able to stay on that plan. However, if you had ESRD before you were ready to sign up for a plan, you were declined coverage. New rules that go into effect as of January 2021 will allow those with ESRD to sign up for an Advantage plan.

What It Means For You

If you, or someone you love, has ESRD you now have many more choices for coverage. Your health insurance agent will no longer ask you if you have ESRD, nor do you have to divulge it. You can sign up for any Advantage plan in your service area. That means being able to shop for those benefits that work best for you!

Now That You Know

Call and make an appointment today with one of the Enrollment Store’s fine agents to find out more and sign up for the plan that’s right for you!

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