Should You Change Your Medicare Coverage During Open Enrollment?

Every year, Medicare beneficiaries have a window of opportunity to adjust their health coverage elections. From October 15 to December 7, you can evaluate your current plan and decide whether switching makes sense for your health needs and financial goals.

But how do you know if a change is necessary?

Medicare Coverage Flowchart

Our new flowchart, “Should I Change My Medicare Coverage During Open Enrollment?”, helps you think through key considerations such as:

• Have your health care needs—or your plan’s coverage—changed recently?

• Are your premiums, deductibles, or other costs rising faster than expected?

• Does your current plan cover the doctors, hospitals, and prescriptions you need?

• Would you benefit from additional services, like dental, hearing, or vision care?

• Do you travel frequently or need access to out-of-state specialists?

Even if nothing has changed, it’s smart to give your plan an annual checkup, and this fun visual will help you determine if you’re still on the right path for your particular needs and lifestyle.  

Download the flowchart today and take a few minutes to explore your options. A small review now could lead to better coverage and cost savings for the year ahead.  

Have questions? Feel free to reach out for a personal one-to-one conversation about anything related to your financial future.