Insurance Review Checklists

If you’re unsure whether your current coverage still fits your needs or you’re exploring new insurance options, these checklists can help you decide when it’s time to review your coverage. Many people don’t realize they may have options or potential gaps until something changes.

✔ Turning 65: Medicare & Social Security Checklist

If you’re approaching age 65, it’s important to understand your choices before enrolling.

☐ Know when your Medicare Initial Enrollment Period begins
☐ Understand the difference between Original Medicare and Medicare Advantage
☐ Review whether you need a Medicare Supplement or prescription drug plan
☐ Check if you should enroll in Social Security now or delay benefits
☐ Avoid late enrollment penalties and coverage gaps

✔ Currently on Medicare: Coverage Review Checklist

If you already have Medicare, your needs or plan details may have changed.

☐ Confirm your doctors and hospitals are still in-network
☐ Review prescription drug coverage and costs
☐ Check for premium or benefit changes
☐ Evaluate whether your current plan still fits your health needs
☐ Review options during allowed enrollment periods

✔ Medicare Recipients: Supplemental Protection Checklist

Original Medicare and Medicare Advantage plans may not cover all out-of-pocket expenses.

☐ Understand what Medicare does and does not cover
☐ Review potential gaps for hospital stays or extended recovery
☐ Consider whether protection for cancer, heart attack, or stroke expenses may be appropriate
☐ Review coverage designed to help with deductibles, copays, or unexpected costs

✔ Currently on ACA (Marketplace) Coverage: Review Checklist

Marketplace plans can change each year, and income changes may affect your costs.

☐ Review current monthly premium and deductible
☐ Check if your doctors and medications are still covered
☐ Update income to ensure correct subsidy amount
☐ See if new plans offer better coverage or lower costs
☐ Confirm eligibility during Open Enrollment or Special Enrollment

✔ Seeking ACA (Marketplace) Coverage: Enrollment Checklist

If you don’t currently have health insurance or recently lost coverage:

☐ Determine if you qualify for Marketplace coverage
☐ Check eligibility for premium tax credits or cost-sharing reductions
☐ Compare plan levels and networks
☐ Understand enrollment deadlines and special enrollment rules
☐ Choose coverage that fits your budget and health needs

✔ Currently Have Life Insurance: Review Checklist

Life insurance needs can change over time.

☐ Confirm coverage amount is still appropriate
☐ Review beneficiaries and policy details
☐ Check premium affordability
☐ Understand how your policy works and what it covers
☐ Evaluate whether additional or different coverage may be needed

✔ Seeking Life Insurance: Planning Checklist

If you’re considering life insurance for the first time or adding coverage:

☐ Identify the purpose of coverage (family protection, final expenses, debt)
☐ Determine an affordable coverage amount
☐ Compare term and permanent life insurance options
☐ Review health and age considerations
☐ Choose coverage that fits your long-term goals

Why Speaking With an Independent Agent Can Help

Insurance options can be complex, and many people aren’t aware of what they qualify for or whether their current coverage still meets their needs. As an independent insurance agent, I help review Medicare, ACA, and life insurance coverage in plain language, compare options across multiple carriers, and identify potential gaps or savings opportunities. Having a knowledgeable, licensed professional review your situation can help you avoid costly mistakes, reduce confusion, and make informed decisions with confidence.

If you’d like help reviewing your coverage or understanding your options, assistance is available in person, by phone, or online.