If you’re on Medicare, you know that it’s open enrollment season from Oct. 15 through Dec. 7. But few people take the time to review their plans and compare them to their health needs and prescriptions. A bit of digging and comparison shopping can save you up to $1,000 annually, according to a story from MarketWatch.
About 70 percent of us don’t bother to compare plans during open enrollment, according to the story. Plans change every year, and the options for Medicare clients have grown. Digging through the options can be daunting. But did you know that Medicare.gov has a search tool, for example, that will explain coverage for 2022 and 2023 plans.
BenefitsCheckUp is another program, from the National Council on Aging, older Americans can use to find plans and benefits. Healthpilot’s platform also analyzes Medicare plans available to a beneficiary after asking them what prescriptions or doctors they prefer. Individuals can also consult with a broker who specializes in Medicare options, according to MarketWatch.
You can read the story here to find out if you may benefit from changing to Medicare plans.
