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Higher premiums, fewer benefits await Medicare Advantage plan members in 2025, experts say
Seniors with prescription supplement insurance have enjoyed premiums as low as 50 cents a month, said Jocelyn Wolf, co-owner of Evolve Insurance Group LLC in Altoona, an insurance broker that specializes in coverage for seniors. In January, those premiums could go up to as much as $60 per month.
“We’ve been spoiled in Pennsylvania,” Ms. Wolf said. “This is uncharted territory.”
Overall, she anticipates higher premiums for Medicare Advantage plans with less robust benefits in 2025.
For insurers, she said, “it comes down to how do you shift the expense?”
Medicare scams to look out for plus determining the different parts of Medicare with Evolve Insurance Group
ALTOONA, Pa. (WTAJ) — Evolve Insurance Group is a local, independently owned group that specializes in Medicare coverage.
Co-Founder Jocelyn Wolf stopped by the show to talk about the differences between the different Medicare parts and how to find what’s right for you.
She also went over common Medicare scams that people see and what to look out for.
Evolve is an independent agency contracted with a wide selection of insurance carriers. This allows us the ability to help find the plan that works for your budget and needs.
Their objective is to find you a plan that works for your needs and leaves more money in your wallet.
Evolve your Medicare Experience with Evolve Insurance Group
ALTOONA, Pa. (WTAJ) — Evolve Insurance Group is a local, independently owned group that specializes in Medicare coverage.
Co-Founder Jocelyn Wolf stopped by the show to explain to Studio 814’s Jack McCune the importance of knowing the ins-and-outs of Medicare, as well as who qualifies and common misconceptions.
She also said it’s important for seniors to lookout for Medicare scams. She said scammers will typically call them asking for a deposit or money to apply for the program. She said Medicare will not call you unless you’ve specifically previously asked for help over the phone.
Evolve your Medicare Experience with Evolve Insurance Group
ALTOONA, Pa. (WTAJ) — Evolve Insurance Group is a local, independently owned group that specializes in Medicare coverage.
Co-Founder Jocelyn Wolf stopped by the show to remind people that the Medicare Open Enrollment Period is coming up soon. It runs from Oct. 15 to Dec. 7.
Wolf went through the important things people should know and steps to take as they get ready to enroll. She also talked about important changes coming to Medicare in 2025.
Evolve is an independent agency contracted with a wide selection of insurance carriers. This allows us the ability to help find the plan that works for your budget and needs.