5 mistakes you’re making with Medicare open enrollment
Millions of retirees are in the thick of Medicare open enrollment, which runs from Oct. 15 to Dec. 7, but many find the process challenging
By KATE ASHFORD of NerdWallet
Published - Nov 09, 2022, 07:04 AM ET
Last Updated - Jun 23, 2023, 05:35 PM EDT
Millions of retirees are in the thick of Medicare open enrollment, which runs from Oct. 15 to Dec. 7, but many find the process challenging. Some don’t understand the difference between Original Medicare and Medicare Advantage, many are overwhelmed by Medicare advertising, and only 4 in 10 people review their plan options each year, according to a July 2022 report from health care consulting firm Sage Growth Partners.
This leads to Medicare open enrollment misses, including not confirming that your providers are in-network for the next plan year and not comparing your Medicare Part D prescription drug coverage with other available options.
Here are some common Medicare open enrollment mistakes:
1. NOT CHECKING YOUR DOCTORS FOR 2023