Medicare Open Enrollment is open through Dec 7th. Selecting the best plan for yourself or a loved one can be overwhelming, but with the right preparation, the process becomes much smoother.
Start by understanding the basic components of Medicare and once you have a general understanding of your options, it's time to assess your specific health care needs and budget. Here’s where KinKeeper comes in handy as you’ll need:
💊 A list of your current medications (this list will help you compare plans and find out which ones include your prescriptions in their formulary)
⚕ Your preferred doctors and any specialists you see regularly so that you can ensure they’re in network
🏥 A list of any issues your currently tracking to consider what kinds of additional care you may need in the upcoming months or year
Also, you’ll need to consider the TOTAL cost of each plan on balancing the premium with the deductible, and don’t forget to check the limit on out-of-pocket expenses (AKA the maximum amount you can pay under any circumstances). It’s helpful to contact a licensed Medicare advisor or use online comparison tools to ensure you’re selecting the best plan. Understanding your healthcare needs, your budget and the financial risk you can afford to take will narrow down the available plans that work best for you.
When you’re ready, gather all necessary information for the enrollment process. Here’s another role for KinKeeper – you’ll also need:
ℹ Your Social Security number
📰 Prior Medicare card
🗂 Any relevant medical records
By taking these steps to prepare, you’ll be well-equipped to make a confident choice that provides the coverage you need. Gather your information now (it may take more than 5 minutes) – Future You will Thank You!
