Medicare benefits are essential to the health maintenance of millions of Americans. With that being known, it is important to note that Medicare plan administrators prioritize informing beneficiaries of what their current and future plans include in terms of benefits. They send letters, like the Medicare Evidence of Coverage letter, to alert people of the status of their current benefits.
To learn more about the Medicare Evidence of Coverage letter, continue reading.
What is Medicare Evidence of Coverage?
Whenever someone joins a Medicare plan, they should expect to receive regular letters that describe different things about their current plan. One such letter is the Medicare Evidence of Coverage letter. This letter includes details about what is covered in your plan, what you are required to pay, and more. The benefits listed in the Evidence of Coverage letter will start on January 1st, and you can expect to be billed regularly at the stated rates.
What to Do With Evidence of Coverage Letters?
When you get the Evidence of Coverage letter, it is imperative that you review it closely to see if everything is in alignment with your expectations. If something seems off, you should still have time to make the necessary changes to include that you are getting the benefits you need within your budget. If you wait to review the letter, you may find that your plan costs more than you expected or does not feature the benefits you currently need.
When Does the Evidence of Coverage Letter Arrive?
The Evidence of Coverage letter should arrive in late September. Receiving at this time puts you in a prime position to review it over the next few months, then implement any changes you need to during the Annual Enrollment Period. The Annual Enrollment Period starts on October 15th and ends on December 7th, so do not wait too long to review the letter.
Get Help Reviewing Your Evidence of Coverage Letter
Sometimes the language featured in the Evidence of Coverage letter can be complex and hard to understand. For this reason, it is never a bad idea to reach out to a Medicare professional to get help understanding your benefits.
Magellan Healthcare can assist you. Reach out today by calling 866-779-3553.
