Medicare Open Enrollment Period Runs Through December 7: Key Factors to Consider
The annual Medicare open enrollment period—running from October 15 through December 7—is entering its final weeks, offering millions of American seniors and eligible beneficiaries an opportunity to review and modify their health and prescription drug coverage plans.
Optimizing Coverage and Copays
Health insurance advisors recommend that beneficiaries carefully evaluate annual changes in plan premiums, deductible limits, network formularies, and drug copays. Making proactive adjustments before the December 7 deadline ensures that policyholders avoid unexpected out-of-pocket medical expenses for the upcoming calendar year.
FAQ
Q: When does the current Medicare open enrollment period end?
A: The enrollment window closes on December 7.
Q: What elements should beneficiaries review during open enrollment?
A: Premium changes, deductible limits, provider networks, and prescription drug formularies.