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Medicare Open Enrollment Is Here: 4 Things to Do Before December 7th


The election is getting all the attention right now, but for the more than 62 million Americans currently on Medicare, casting their ballot isn't the only important decision they have to make this November. We're in the midst of the annual Medicare open enrollment period, and if you want to change your plan, you must do so by Dec. 7th. Even if you're happy with the plan you've already got, now's a good time to do the four things listed below.

Review your existing Medicare coverage if you're already enrolled, and decide if you're happy with it or you'd like to make some changes. Look at how your plan's costs and coverage will change in 2021 when making your decision. Premiums are expected to rise slightly, and that could affect which plan best fits into your budget.

Image source: Getty Images.

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Source Fool.com


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