
Essential Medicare Review Time for Seniors
The Medicare Open Enrollment period runs from October 15 to December 7, and AARP is urging older Americans to take this opportunity seriously. Nancy LeaMond, AARP's Executive Vice President, emphasizes the importance of ensuring that each person’s chosen plan adequately meets their health and financial needs for the upcoming year.
Key Changes Coming in 2026
In 2026, enrollees will see significant shifts in Medicare benefits. For the first time, negotiated prices for some medications—like Eliquis and Xarelto—will be implemented, potentially reducing out-of-pocket costs by about $1.5 billion nationwide. Furthermore, the out-of-pocket cap for Medicare Part D will rise to $2,100. Such changes highlight the need for a thoughtful review of coverage.
Stay Alert Against Fraudulent Schemes
Unfortunately, the open enrollment period can also attract scams. It's essential for seniors to remain vigilant against individuals impersonating Medicare officials or offering too-good-to-be-true medical supplies. AARP advises never to give out personal information over the phone unless you’re sure of whom you’re speaking with. If something feels off, seniors should hang up and call 1-800-MEDICARE directly to confirm any claims.
Resources for Guidance
Seniors are not alone in this process. They can utilize the Medicare Help Line at 1-800-633-4227 or visit the AARP Medicare Resource Center for support. Engaging with available resources can aid in making informed decisions that improve health security and financial stability.
Don’t miss out on the chance to change your Medicare plan! Take a moment today to review your options before the December 7 deadline.
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