Tomorrow is October 15th and radio and television ads have been bombarding the airwaves reminding people that this is the yearly opportunity to change your loved ones Part D benefits.
It is anxiety producing as a caregiver to think about changing something that is working, but Part D plans and Medicare Advantage plans get to re-file their benefits with Medicare each year. Because your current plans benefit and premiums can change or go up, Medicare sets aside October 15 – Dec 7 to change your plan if don’t like the benefit changes.
You don’t have to change your plan, but you should be reviewing it each year. This article from Boomer Benefits will help you make sense of the process and make a decision.