Latest News
Attention Retirees: Big Medicare Deadline Coming Up
Since many seniors live mostly on Social Security with the average recipient collecting just $1,924 per month, it’s important to make sure that money goes as far as possible. Thus it pays to take advantage of Medicare’s annual open enrollment period. Each fall, seniors on Medicare get to explore different plan options and make changes to their existing coverage. It ends on Dec. 7. Possible reasons one may wish to switch plans include: Your medication needs have changed; Your medications are getting more expensive under your current plan; Your plan premiums or deductibles are going up; Your plan is dropping some of the benefits it currently offers; Your providers will no longer be in network after the end of the year. Full piece here.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.