The Medicare Annual Enrollment commences on Saturday, October 15 and will continue until December 7, 2022.
The Annual Enrollment period for Medicare grants individuals enrolled in Medicare the opportunity to modify their health plan or prescription drug coverage, elect a Medicare Advantage plan, or revert to Original Medicare (also known as Medicare Part A and Part B).
Here are four strategies to evaluate plans and explore possibilities for cost-efficiency:
- Visit Medicare.gov to grasp the distinctions between Original Medicare and Medicare Advantage, and conduct comparisons of costs and benefits for Medicare Advantage and prescription drug plans side by side.
- Dial 1-800-MEDICARE. Support is accessible around the clock, inclusive of weekends.
- Obtain personalized insurance advice at zero expense from your State Health Insurance Assistance Program (SHIP). Navigate to shiphelp.org or contact 1-800-MEDICARE for the respective SHIP contact information. Numerous SHIPs present virtual counsel as well.
- Verify if you are eligible for Medicare Savings Programs. Should you have restricted income and assets, you may be eligible for Medicare Savings Programs administered by your state’s Medicaid program.
