Year-End Insurance Planning Guide

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This article provides general insurance planning guidance. Always consult with your healthcare provider and insurance representative for personalized advice.

As the year draws to a close, it’s time for smart year end insurance planning to ensure you’re making the most of your Medicare coverage and diabetes management benefits. This comprehensive guide will help you review your insurance needs, understand upcoming changes, and prepare for the year ahead.

Why Year End Insurance Planning Matters for Seniors with Diabetes

Managing diabetes requires consistent access to supplies, medications, and healthcare services. Proper insurance planning helps you:

  • Avoid gaps in coverage for CGM supplies and insulin
  • Maximize your Medicare benefits
  • Plan for any upcoming changes in coverage or costs
  • Prepare for the new year’s deductibles
📅 Mark your calendar: Start your year end insurance planning by October to allow time for any necessary changes during Medicare Open Enrollment (October 15 – December 7).

Your Year End Insurance Planning Checklist

Follow these steps to review and optimize your coverage:

1. Review Your Current Coverage

  • Medicare Part B coverage for CGM and supplies
  • Prescription drug coverage (Part D)
  • Medicare Advantage or Supplement plans
  • Any secondary insurance policies

2. Evaluate This Year’s Healthcare Expenses

Gather records of your out-of-pocket costs for:

  • CGM supplies and sensors
  • Insulin and other medications
  • Doctor visits and lab tests
  • Emergency care or hospitalizations
Keep all your medical receipts in one place. These help track expenses and may be useful for tax deductions.

Understanding Medicare Changes for 2025

Important: Medicare coverage for CGM systems continues to expand. Check if you qualify for additional benefits under new guidelines.

Key updates include:

  • New Medicare Part B premium rates
  • Changes to deductibles and copayments
  • Updated coverage criteria for diabetes supplies
  • Expanded telehealth benefits

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Need Help with Medicare CGM Coverage?

Our specialists can help you navigate Medicare requirements and get the supplies you need.

Call Now: 888-649-5705

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