Medicare Open Enrollment began October 15 and will run through December 7. For those of you on Medicare, this is your opportunity to compare your existing plan to other options and to make any changes you may want.
Just as we recommend that you perform an annual review of your homeowner’s and auto policies, it is important for you to take the time to review your Medicare policies as well because the plan that’s best for you this year might not be the best next year. In September, you should have received an “Annual Notice of Change” letter from your provider. You should read it carefully for details of how your plan will change next year.
The Medicare Plan finder is a great tool to help you compare costs and coverage of the many plans available. Pay close attention to the prescription drug section. This allows you to enter your prescription medications and compare the policies that will cover them. https://www.medicare.gov/find-a-plan/questions/home.aspx
If all of this becomes too confusing or time consuming, you may want to consult with a counselor at the NC SHIIP (Senior Health Insurance Information Program). This free service is designed to help you better understand your options and benefits. To find a SHIIP office near you go to: http://www.ncdoi.com/SHIIP/SHIIP_County_Sites.aspx