There is an implication that we must "do something" to keep getting the IBM HRA/FHA. If you already enrolled in a medical or prescription drug plan through OneExchange aka ExtendHealth in the last 12 months then you don't need to "re-enroll" in the plan if it is still an active plan.
Here's when you need to "do something" regarding OneExchange enrollment:
- The Medicare Advantage or prescription drug plan you use will not be offered in 2015. Then you need to find a new medical or prescription drug plan.
- Your Medicare Advantage or prescription drug plan (PDP) will change in 2015 and you don't like the changes. For example, the premium is increasing, the formulary is changing or the Medicare Advantage plan is changing their doctor network and excluding your doctor.
I also want to keep reminding you that Medigaps aka Medicare Supplemental insurance policies for participants who use Original Medicare are not part of the Medicare Fall Enrollment process. There are very specific rules for when/if you can enroll/dis-enroll in Medigaps. You MUST look at your state rules for those policies. DO NOT make any changes until you know the full consequences of those changes.
Sorry to say - you have to have an advocate to be sure this stuff is done correctly. I keep trying to educate my children on Medicare and my IBM HRA just in case I can't be my own advocate as I get older. They mostly ignore me but I know some of it is sinking in.