Why Reviewing Coverage Is Important to Your Budget
Wednesday, Oct. 15, through Sunday, Dec. 7, marks open enrollment, the period of time in which you can enroll in or make changes to your Medicare Advantage or Medicare prescription drug coverage for next year.
Failing to review your Medicare plan could cost you big bucks, because:
- Drug formularies change each year, meaning some of your covered prescriptions today might not be covered in 2015
- The premium you pay could change
- Insurance carriers release new plans — one could be a better value
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