Medicare Monday: Open enrollment is here again

It’s that time of year again: Medicare open enrollment!

As of Sunday, October 15, newly qualified patients and current Medicare beneficiaries can review their coverage options and select their 2018 plans. The Medicare open enrollment period will run through Thursday, December 7.

So what do you need to know about open enrollment?

• There are a lot of resources available to help you make the choice that’s best for you. Resources include online tools like the Medicare Plan Finder that help you run personalized searches for options in your area and the 1-800-MEDICARE (1-800-633-4227) helpline that allows you to speak with someone directly about your options.
  

• Your doctor can help you determine which medicines you’ll need coverage for. As you’re reviewing different plan options, one thing to consider is whether a plan will cover all of your medicines. Ask your doctor for help in making a list, so you can double check. Another thing to consider is whether plans offer mail-order pharmacy refills.

• By reviewing your plan options, you could save money. Medicare plans can vary from year-to-year, so it’s important to research your options and see if a different plan better fits your needs. One study found that beneficiaries can save $400 to $600 per year on average by reviewing and switching plans.

Check out our Medicare Open Enrollment Checklist to learn more about choosing the plan that’s right for you.