It’s the annual open enrollment season for Medicare once again! Open enrollment started Tuesday, October 15th and runs through December 7th. If you’re a Medicare beneficiary, you have the opportunity now to review your current coverage and consider other options. Any changes you make will be effective January 1, 2025, and if you do nothing your current coverage will remain in place. Although you may be eligible to change both your
Medicare and the Health Insurance Marketplace both have an annual open enrollment period. They usually run at about the same time, though with slightly different start and end dates. This year, the Medicare open enrollment period started last week. It runs through December 7th, and new policies will be effective January 1, 2022. If you’re signing up for insurance through the Affordable Care Act (ACA) Health Insurance Marketplace, open enrollment
Medicare began offering prescription drug coverage (known as Medicare Part D) in 2006. Until then, people on Medicare had to pay out-of-pocket for all their prescription drugs. Since its beginning Medicare Part D has had favorable ratings, with beneficiaries finding it easy to use and understand, and generally affordable. Of course, the skyrocketing cost of prescription drugs is adding a new twist to affordability, and that’s true for both
Signing up for Medicare health insurance can seem complicated. Well, it can BE complicated. If you or someone you know is nearing the magic age of 65, it’s probably time to start thinking about it. Some folks can continue to use their employer-based health insurance after age 65, but most will turn to Medicare. Medicare was the first insurer to stress the importance of Medication Management for certain beneficiaries, and