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Missed Medicare Open Enrollment? You've Still Got Options

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Tags: Medicare, Medicare Advantage, Medicare advantage plans, Medicare open enrollment, Medicare supplement plans

So you’re really not happy with your Medicare Advantage plan but you never got around to changing it during the Medicare Annual Enrollment period.  Now what?  Is there any way you can still change your plan?

The Medicare Annual Disenrollment period is January 1 – February 14.  While you can’t switch Medicare Advantage plans you can move to Original Medicare

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Medicare Beneficiaries Save $5 Billion on Prescription Drugs

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Tags: Medicare, Medicare Advantage, Medicare open enrollment, Medicare Part D

As the end of the Medicare open enrollment period winds to a close this week, the government says that prescription drug coverage has saved people with Medicare more than $5 billion on prescription drugs.

The savings result from greater savings for people in the coverage gap, or donut hole. The savings will be even higher in 2013 as the savings to those in the donut hole increases as they pay 53% of the cost of brand name drugs and 21 percent of the cost of generic drugs. In the first 10 months of 2012, 2.8 million people save an average of $677 on prescription drugs.

The Medicare open enrollment period ends Dec. 7. While there is still time to shop and compare plans, time is getting tight to change plans.

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