It’s time to plan your Medicare choices for next year.
Earlier today, we released our October 2020 client e-newsletter from R. F. Meyer & Associates. It starts with an article on the 2020 Medicare Open Enrollment period, which this year runs from Oct. 15 through Dec. 7.
We urge all our senior clients and friends to use this time time of year again to evaluate your chosen Medicare plan options, and to decide whether to make changes for next year.
Check your plan, save money
The bottom line with this annual evaluation is your bottom line: Choosing the plan that best meets your individual needs can save thousands of dollars.
A study by the New York Times finds few seniors actually exercise their option to change Medicare Part D plans for prescription drugs, or to return to traditional Medicare Part A and B plans if they previously opted for a Medicare Advantage (Part C) managed plan, or to switch to a Medicare Advantage plan from a traditional plan, or to change their Advantage plans. But of those seniors who do make the switch, nearly half cut their premiums by at least 5 percent.
One more important thing to keep in mind during this 7-week-plus period: It’s prime time for scammers. Please never share your personal information with unsolicited phone callers pitching Medicare options, or anyone showing up at your door to do the same.
Other articles in this month’s newsletter cover:
- Difficulties in voting faced by nursing home residents during the Coronavirus pandemic;
- How Medicare changes during the pandemic may allow an extra 100 days of skilled nursing care for beneficiaries; and,
- Navigating the ins-and-outs of guardianships and conservatorships, where a court rules that an adult has become incapable of making responsible decisions.
I hope you find all this month’s articles interesting and useful. Please feel free to let us know you enjoyed it or have ideas for future newsletters, by dropping an email to Info@ElderLaw.US.
If you didn’t receive the newsletter by email, you can download the full version from our website at this link.
Please enjoy your fall and stay healthy.
Richard F. Meyer, Esq.
Contact R. F. Meyer & Associates for help with any legal issue involving Elder Law, Estate Planning, Asset Protection or Probate Law. Reach our Worthington offices by phone at 614-407-7900, by sending an email to Info@ElderLaw.US or just filling out the Contact Us form on this website at ElderLaw.US/Contact.