|Medicare’s annual open enrollment period begins October 15 and ends December 7. During this time, current Medicare beneficiaries have the option to adjust their coverage for the coming year. Any changes to your insurance plan will go into effect on January 1, 2022.1
This is an opportunity to reassess your current coverage and identify potential areas for improvement. Maybe you’ve recently changed medication, find yourself underutilizing coverage, or are in need of additional benefits.Before open enrollment begins, you’ll receive a report outlining your current coverage. Review your elections carefully, especially if you haven’t updated coverage in the last few years.
Medicare offers a Plan Finder tool to help compare other offerings if you’re considering making a switch.Your health insurance coverage in retirement should work to protect your financial wellbeing.
I’m happy to help navigate your questions around ensuring your retirement plan has you set up for success and well being. Feel free to reach out with any questions, or to schedule a meeting to talk.
|1. Centers for Medicare & Medicaid Services, February 2, 2020
|The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.|