You know the importance of guiding patients through major health decisions. They rely on you to explain their choices and help them move forward with confidence. That is the same approach TMA Insurance Trust takes with Medicare Annual Enrollment (AEP) for physicians and their families.
Your Window to Make Changes
From October 15 to December 7, you can review your Medicare coverage and decide if changes are needed. This may include:
- Switching to a different Medicare Part D Prescription Drug plan
- Moving between a Medicare Advantage plan and Original Medicare
- Enrolling in Medicare for the first time when turning 65
If you are approaching your 65th birthday, your decisions will depend on whether you are still practicing or planning to retire. Physicians with employer-provided coverage can compare its value with Medicare’s options, while those preparing to retire can set up new coverage so it begins without interruption.
Three Common Medicare Pitfalls (And How to Avoid Them)
Your age, work status, and future plans all influence the Medicare choices that will serve you best. Acting during Annual Enrollment can help you avoid unnecessary costs, gaps in coverage, and penalties — but only if you steer clear of these common mistakes:
- Missing the Deadline - Annual Enrollment ends December 7, and Medicare has strict timelines and requirements. Waiting too long can mean losing the chance to make important changes or incurring penalties that last for life.
- Overlooking Current Needs - If your health needs have changed, your current plan, especially your Part D Prescription Drug plan, may no longer be the most cost-effective.
- Not Planning for What’s Next - If you are preparing to scale back or retire, your benefits may change. Planning ahead helps prevent unexpected costs and lapses in coverage.
We can help you review your current plan, prepare for future needs, or choose coverage for the first time so you can make the most of this enrollment period and have your coverage ready well before the deadline.
Get Started with a No-Cost Consultation
Our licensed TMA Insurance Trust advisors work the way you do with patients: they listen, explain, and guide you toward the best fit for your needs. With years of experience assisting Texas physicians, they can help you avoid coverage gaps and lifelong penalties, at no cost to you.
Call 800-880-8181 between 8:00 AM and 5:00 PM CST, Monday through Friday, or click below to get started. We’ll make sure your Medicare coverage is in place well before the December 7 deadline.
