Open enrollment season for Medicare is well underway and runs through December 7.
This open enrollment period provides Medicare users an opportunity to re-shop their healthcare and drug coverage choices, and consider other options for the year ahead.
If you’re enrolled in Medicare you should receive an Annual Notice of Change (ANOC) and Evidence of Coverage (EOC) from your plan provider by the end of every September. Review this information carefully because any changes to co-pays, premiums, deductibles, drug costs or network providers will be listed in these documents.
If you’re happy with the coverage you have, you don’t need to do anything and your policy will simply auto-renew.
Changes to your existing plan or changes to your health may make another plan a better option for you. Take some time now to determine if you should switch and then do so before the open enrollment period ends.
If you would like help reviewing your plan and the available options, let me know and I will be happy to refer you to a specialist.