What You Need to Know About Medicare Open Enrollment |
Last year, Marie turned 65 and she retired from work. Since then, she’s felt alive and free. She now enjoys traveling, taking classes, and checking items off her bucket
list, including ziplining. One thing has been on her mind, and it’s not her fear of heights. Marie finds anything having to do with Medicare to be extremely confusing and she has been putting off thinking about it for as long as she could. Marie enrolled
in Medicare for the first-time last year and wants to make some changes to her coverage, since she feels she wasn’t well informed initially. She realizes that she is going to have to pay some attention to it now, since it’s that time of year when people with Medicare review their health insurance choices for the coming year. If you are enrolled in Medicare — the federal health insurance program for people 65 and older and some younger people with disabilities — you will soon have the opportunity to make changes to your health and prescription drug coverage. Medicare’s Fall Open Enrollment begins next Monday, October 15 and lasts through
Friday, December 7. During Fall Open Enrollment, you will be able to join a new Medicare Advantage plan (from a private company; instead of using Original Medicare) or a standalone prescription drug plan (a Medicare Part D plan). You can also switch
between Original Medicare (with or without a Part D plan) and Medicare Advantage. Any changes you make during Fall Open Enrollment will take effect on January 1, 2019. Marie is not alone. At this time and when we first enroll, many of us find Medicare to
be intimidating. There are a lot of options, confusing terminology, and people everywhere trying to sell you something different. People typically have a lot of questions as they research their Medicare options, which primarily include Original Medicare, Medicare Advantage and Medicare Supplement plans, before finding the plan(s) that best fits their needs. Here are a few of the most commonly asked questions, and answers to help:
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