It’s not unusual for spouses to be covered under the same health plan for much of their married life – often an employer plan. This can be a wise and economical choice for many couples and families. All that changes however, once you’re on Medicare. Medicare is not a family health plan. If you and your spouse are simply signing up for the same Medicare Advantage or Part D plan, someone could be missing out.
Each eligible individual needs to decide what type of Medicare coverage and which specific plan may fit with his or her needs. You and your spouse each need to consider:
- Which doctors you see
- What medications you take
- How often you go to the doctor
- Whether you want a fitness benefit such as a gym membership
- What other medical or prescription drug coverage you may have, such as retiree coverage or VA benefits
You have many plans to choose from, whether you’re looking for a stand-alone Part D plan or a Medicare Advantage plan with or without prescription drug coverage. Each has its own coverage and cost terms.
Medicare Open Enrollment (Oct. 15 – Dec. 7) is the time when you can change your Medicare plan, if you choose to do so. You have this opportunity every year at the same time. It’s a good idea to review your current coverage and your plan choices annually, since your needs and your plan choices may change.
The important thing is for each individual to find a plan that fits with his or her needs. Even if you and your spouse independently choose the same plan, you’ll know you did it for the right reasons.
For more information, call us at 941-405-3900.