If you’re 65 years old, about to be 65 years old, or if you know somebody who is, here’s a message for you: Don’t wait to sign up for, or change, Medicare insurance plans - poor planning, procrastination and missed deadlines expedite the aging process!
The Medicare Open Enrollment Period is October 15th through December 7th, and it’s time to make decisions about your future now - changes made during this period will take effect January 1st of next year.
Here’s a brief overview of some upcoming deadlines:
What each part means:
Part A – Hospital insurance: Covers inpatient care, hospice, home health and skilled nursing care.
Part B – Medical insurance: Covers outpatient care, preventative services and medical equipment such as wheelchairs and walkers.
Part D – Prescription drug coverage
Medicare Supplement Insurance (Medigap) – Covers some of Medicare’s cost-sharing requirements and services not covered by Medicare.
Why you should take advantage of this enrollment period:
Good to know: