As if Medicare and all of the changes in plans and formularies aren’t enough, you know have to make your choices sooner! Beginning October 15, 2011, and ending December 7, 2011, you can make changes to your enrollments for:
- Medicare Part D plans
- Medicare Advantage *
- Medigap Plans
*Medicare Advantage plans can also be changed from January 1 to February 12, 2012.
Making the wrong Medicare choices can cost you hundreds of dollars per month. It is important that during this limited period of time you carefully evaluate your needs and the available plans to make sure that you are in the most cost-effective plan for your situation. You can do your own analysis by using the online tools provided by Medicare or look for the help provided by local senior organizations or independent Medicare consultants.
Taking the time to find the right plan for you can be financially life changing. Contact your financial planner for resources in your area.