Conneran Financial Advising

THOMAS CONNERAN, CFP ®
Financial Advisor
15138 Yellow Pine Street NW
Andover, MN 55304
763-639-0868
fax 763-717-8640
tom@conneranfinancial.com
www.ConneranFinancial.com

Conneran Financial Fish-wrap
...financial news you can use !October 2017 Conneran Financial Advising News

What are some tips for reviewing my Medicare coverage during Medicare Open Enrollment?

During the Medicare Open Enrollment Period that runs from October 15 through December 7, you can make changes to your Medicare coverage that will be effective on January 1, 2018. If you're satisfied with your current coverage, you don't need to make changes, but it's a good idea to review your options.

During Open Enrollment, you can:

  • Change from Original Medicare to a Medicare Advantage plan, or vice versa
  • Switch from one Medicare Advantage plan to another Medicare Advantage plan
  • Join a Medicare prescription drug plan, switch from one Medicare prescription drug plan to another, or drop prescription drug coverage

The official government handbook, Medicare & You, which is available electronically or through the mail, contains detailed information about Medicare that should help you determine whether your current coverage is appropriate. Review any other information you receive from your current plan, which may include an Annual Notice of Change letter that lists changes to your plan for the upcoming year.

As you review your coverage, here are a few points to consider:

  • What were your health-care costs during the past year, and what did you spend the most on?
  • What services do you need and which health-care providers and pharmacies do you visit?
  • How does the cost of your current coverage compare to other options? Consider premiums, deductibles, and other out-of-pocket costs such as copayments or coinsurance; are any of these costs changing?

If you have questions about Medicare, you can call 1-800-MEDICARE or visit the Medicare website at medicare.gov. You can use the site's Medicare Plan Finder to see what plans are available in your area and check each plan's overall quality rating.


Refer a friendTo find out more click here
This communication should not be considered as an offer to sell or buy any securities, provide investment advice, or make investment recommendations. This information is being provided with the understanding that it is not intended to be interpreted as specific legal or tax advice. Individuals are encouraged to consult with a professional in regards to legal, tax, and/or investment issues. Advisory Services offered through Investment Advisors, a division of ProEquities, Inc., a Registered Investment Advisor. Securities offered through ProEquities, Inc., a Registered Broker-Dealer and member FINRA & SIPC. Conneran Financial Advising is independent of ProEquities.


This communication is strictly intended for individuals residing in the state(s) of CA, CT, DC, MD, MI, MN, MT, NM, ND, OR, TN, TX, VA, WA and WI. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2019.