Medicareresources.org, an online resource for consumers, advises seniors to pay close attention to their mail leading up to the annual Medicare open enrollment period, which begins on October 15.
Why it matters: Many seniors may discover that their current Medicare plans are ending or that benefits and costs are shifting due to new federal rules. They also will learn that their Part D prescription drug coverage – which 80 percent of Medicare beneficiaries have – will cap out-of-pocket costs at $2,000 in 2025.
What they’re saying: “Big changes are coming for many Medicare beneficiaries, and in some cases, people will need or want to enroll in a new plan,” said Louise Norris, a health policy analyst for medicareresources.org and author of “Medicare Open Enrollment 2025 Guide.”
- “So, it’s more important than ever to pause before tossing out what you think is junk mail,” says Norris. “A deluge of Medicare-related mail is on its way, and it won’t all be marketing promotions from insurers.
- Pay close attention to mail from Medicare and your current plan provider.”