Reviewing Your Current Medicare Coverage
How well is your current Medicare plan serving you?
In most cases, your current Medicare coverage will renew automatically each year unless you change it. This is a worry-free way to make sure you have health care coverage year after year.
But choosing a Medicare plan is not a “get it and forget it” action. Maybe you recently enrolled in Medicare. Maybe you’ve had the same Medicare coverage for years. No matter. Change is constant. And sometimes your Medicare plan may need to change, too.
It’s a good idea to review your Medicare coverage each year to be sure it still meets your needs at a price you can afford. If you find that your plan is lacking, then you can prepare to make an informed choice during Medicare Open Enrollment (October 15 to December 7 every year).
The Medicare Plan Review Worksheet can help you decide whether to keep your current coverage or look into making a switch. It’s a simple tool that helps you to assess your plan in four areas:
This can be a good way to identify your priorities and to understand how well your current plan aligns with them. You may also want to review your health care needs. Changes in your health may mean that your Medicare coverage should change, too.
Medicare and private insurance companies provide many coverage options to choose from. Make sure you choose the best one for you.
What do you want to do next?