POMONA, Calif.–(BUSINESS WIRE)–Inter Valley Health Plan (www.IVHP.com),
a Pomona-based not-for-profit Medicare Advantage Health Plan that has
served the Southern Calif. community for 37 years, acknowledges the
stress that comes with navigating Medicare Advantage plans and provides
a helpful checklist to those looking to switch plans for open enrollment
October 15 – December 7, 2016.
A recent national report by Deft Research entitled ‘2016 Senior Shopping
and Switching During Medicare’s Annual Election Period,’ that obtained
4,929 responses from those ages 66-85, found that among those who
changed carriers, 43 percent report feelings of relief while shopping.
“The feeling of relief among switchers resonates with us,” says Ronald
Bolding, President and CEO, Inter Valley Health Plan. “We see how
complicated Medicare can be – even for the most knowledgeable consumers.
We want to make it easier and give consumers the tools they need to
distinguish one plan from another and choose what is best for them so
they get that feeling of relief even quicker.”
Medicare specialists at Inter Valley Health Plan advise switchers to
avoid becoming complacent. If a Medicare plan has worked well in the
past, don’t assume it will be the best choice in 2017. Ask yourself if
your needs have changed since first enrolling in the plan. Be sure and
take a careful look at the plan already in place and check all the boxes
that may apply in 2017. Here is a helpful
checklist to ensure nothing is left to chance:
Premiums and Copays – Your monthly premiums and doctor copays
can add up very quickly, especially if you require regular visits due
to a chronic illness or condition. These costs can seriously affect
your daily living expenses. Look at the costs very carefully and make
sure you can still afford the plan you’ve had. Maybe you are now
retired or your spouse’s income is less than it was before. Make a
spreadsheet of your expenses and see how it compares to the last time
you enrolled. You’ll want to be sure that your plan meets your budget
and needs today.
Prescription Drug Costs – Revisit your plan to see what type of
prescription drug coverage you have in place. Find out if you pay
a penalty if you join a drug plan later and if there are any coverage
rules that apply to your prescriptions. Think about your need for
prescriptions today and in 2017. Has your health declined in any way
or have you been newly diagnosed with a condition? You may be used to
paying a certain amount for your existing prescriptions so make sure
if you do switch plans, those costs don’t increase and surprise you.
The Extras – Be sure not to ignore a Medicare plan’s extras.
While some plans may offer a few extras such as educational pamphlets
and perhaps a class or two per year, other plans will offer much more
such as gym memberships, a series of local classes and events each
month, and more personalized, convenient service. If you are looking
to switch your plan, really take the time to research all the extras
and take advantage of all that some can offer and how they can benefit
About Inter Valley Health Plan
Inter Valley Health Plan is a not-for-profit, federally qualified, HMO
contracted with Medicare and dedicated to providing the best value in
senior health care coverage. Headquartered in Pomona, Calif., Inter
Valley Health Plan strives to improve the quality of life for seniors
throughout its service area and is one of the oldest managed health care
plans in Southern California with more than 35 years in business.
Entrusted by 22,000 individuals stretching from Los Angeles to Orange
County to Palm Springs, Riverside, Hemet, Victorville, Temecula, and
virtually every city and town in between, Inter Valley Health Plan is
dedicated to keeping its members healthy and strong, while maintaining
non-profit and real service values. For more information, please visit www.IVHP.com
or call Inter Valley Health Plan at 1-800-500-7018. Also, please follow
us on Facebook at www.Facebook.com/InterValley.
for Inter Valley Health Plan
Lacey Trejo, 818-517-7143