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Medicare “Open Enrollment” is now – Here’s how to save money! - WDHN News
The annual Medicare “Open Enrollment period is upon us, starting on October 15th and running through December 7th. This is the time of the year when you can change your Medicare coverage, and it is the best time to evaluate all your insurance coverage options to ensure your healthcare needs will be met at a cost you can afford. If you are dissatisfied with your coverage, during Open Enrollment, you can switch Medicare Advantage plans, switch prescription drug plans, or even switch from Medicare Advantage (provided by private insurers) to “original Medicare” (provided by the Federal Government.
Most individual insurance plans change annually, so it is very important to evaluate your healthcare needs during this period of time to make sure your coverage adequately meets your needs as well as your financial objectives. If you’re unhappy with your current coverage, now is the time to explore alternatives. This article by NerdWallet’s Elizabeth Aldrich, published at WDHN news explains.