Richard Chan

But if you try and call directly into the Medicare or the government services, obviously it's going to take longer for them to get back to you.

Or if you're signing up, turning 65 during these couple of months, it may take longer for you to get registered and get your red, white and blue card.

Yeah, exactly.

So a couple of things are happening depending on the type of Medicare plan you're in.

There is the Medicare Advantage market, which is typically the most common private plan that most people are in.

A lot of fluctuations in terms of carriers changing benefits.

There's people leaving markets or reducing the types of plans that are available.

So we're expecting some of our customers to see notices that may tell them that their plan is at renewing for 2026 or that there's significant changes to the benefits that they're having.

Really does a lot of the insurers are trying to grapple with how to stay profitable.

That's one.

And then for people who are on traditional Medicare, typically they may buy something called a Medicare supplement plan.

Even in that market, we're seeing not uncommon double-digit hikes in terms of percentage increases for premiums as well.

So all in all, a decent amount of change, which warrants people making sure that they're looking at their benefits and seeing that it covers what they need for 2026.

Yeah.

The first and very most important one is review your annual notice of change.

That's a document that comes to you in September that talks about, hey, what's happening for the next year for your plan.

It may be the one that says your plan isn't renewing.

With that, obviously, review and check if any of the key benefits that you care about changing.

In addition to that, it's important to look and see if your providers are still working with the plan in the upcoming year.

There are a lot of changes to networks.