Just like your annual physical, Medicare needs a check-up too. Each year between October 15 and December 7, Medicare’s Annual Election Period (AEP) gives you the chance to assess your coverage and make sure it’s still the right fit.

Think of this as your opportunity to:

• Shop for a better fit. Plans can change premiums, copays, or covered medications every year. Don’t get caught off guard by higher costs.
• Simplify your coverage. You can switch to a Medicare Advantage Plan that bundles medical, prescription, and extra benefits like dental or vision in one plan.
• Correct gaps. If you discovered this year that your plan left you paying more than expected for care, now’s the time to find a plan that works better.

Many beneficiaries are surprised at how much they can save by simply comparing plans. The process isn’t just about cost; it’s also about convenience. Some plans add valuable perks like telehealth, wellness programs, and even transportation benefits.

Here’s your Medicare AEP checklist

• Gather your information. Make a list of your prescriptions, preferred doctors, and healthcare priorities.
• Compare your options. Use the Medicare Plan Finder or talk to a licensed advisor to see which plans offer the best match.
• Make your changes before December 7. After that date, you’ll be locked into your selection for the next calendar year unless you qualify for a Special Enrollment Period.

Take charge of your health and finances this fall. As Medicare AEP approaches, call us for help comparing plans so you can make confident decisions about your coverage for the next year.