Making the right choices might save you, or your parents, hundreds or thousands of dollars.
Medicare open enrollment period began as of October 15, and beneficiaries have until December 7 to find the right plan and sign up. Since this year is no typical enrollment period, make sure that you or your loved ones take great care in selecting a plan.
The trouble with this enrollment period is that it is more confusing than ever before. Medicare reform, the opening of Obamacare exchanges, and no small amount of political dysfunction have seeded misunderstanding and misinformation. Consequently, this environment has left the door wide open for elder abuse and Medicare scammers.
If you (or your loved ones) are facing this confusion head-on, and perhaps for the first time, then it helps to have a new set of tips for the current year. Fortunately, Forbes lends a helping hand in a recent article titled “Tips For Medicare's Tricky Open Enrollment Season.”
This also is a good time to bone up on the subject of Medicare, as local community seminars and informational hearings can be a great resource.
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Reference: Forbes (October 14, 2013) “Tips For Medicare's Tricky Open Enrollment Season”