Open Enrollment Season

Hi there.

Welcome to Wealth Creator Radio.

I'm Luann Fulmer.

Medicare's annual open enrollment is here.

Yes, it is.

Can you believe it? It runs October 15th through December 7th.

So it's a seven-week window that you kind of have your main chance each year to review your coverage and make any changes for the next year ahead.

If you've spent a lifetime saving for retirement, then this is one of those windows you don't want to let slip by.

So, Eric, I want to get started with just the whole big picture.

Open enrollment is here again.

It's kind of hard to believe.

A lot of people aren't quite sure what to do with it or whether they even need to do anything at all.

What do you say?

Well, it's something that's always just smart to check out.

Sometimes your plan might be fine.

If you're enjoying it, your doctor lists all good, everything's fine.

Maybe it's not the plan, but the weird part about Medicare is there's two separate parts.

So there's the medical, which is all the health services and all that stuff.

But then there's also the prescriptions.

And often that's the one that gets you because...

You know, you may have added one more medication or the doctor saying you should start taking something.

And depending on the plan, those plans can change which list that prescriptions on and they can change how much they cover.

And there's all sorts of Little tricks and games they play with that.

So, you know, it's one of those things where you definitely want to check on at least that part of it.

Yeah.

Hi there.

Welcome to Wealth Creator Radio.

I'm Luann Fulmer.

Medicare's annual open enrollment is here.

Yes, it is.

Can you believe it? It runs October 15th through December 7th.

So it's a seven-week window that you kind of have your main chance each year to review your coverage and make any changes for the next year ahead.

If you've spent a lifetime saving for retirement, then this is one of those windows you don't want to let slip by.

So, Eric, I want to get started with just the whole big picture.

Open enrollment is here again.

It's kind of hard to believe.

A lot of people aren't quite sure what to do with it or whether they even need to do anything at all.

What do you say?

Well, it's something that's always just smart to check out.

Sometimes your plan might be fine.

If you're enjoying it, your doctor lists all good, everything's fine.

Maybe it's not the plan, but the weird part about Medicare is there's two separate parts.

So there's the medical, which is all the health services and all that stuff.

But then there's also the prescriptions.

And often that's the one that gets you because...

You know, you may have added one more medication or the doctor saying you should start taking something.

And depending on the plan, those plans can change which list that prescriptions on and they can change how much they cover.

And there's all sorts of Little tricks and games they play with that.

So, you know, it's one of those things where you definitely want to check on at least that part of it.

Yeah.