Many retirees currently rely on Medicare plans for their health care coverage. They may have enrolled in Original Medicare or Medicare Advantage, and they likely have prescription drug coverage as well. For current beneficiaries of all of these plans (Medicare A, B, C, and D), October 15 marks the beginning of the Open Enrollment Period, during which changes in coverage may be made.
This flowchart helps you guide your clients through a series of considerations when evaluating and comparing their Medicare options. It covers:
- Changes in health care needs
- Costs of premiums, deductibles, etc.
- Access to specific providers, services, and prescription drugs
- Out-of-state concerns
- Effective dates of any changes