As it is now Medicare’s Open Enrollment Period (October 15th through December 7th), if you haven’t done it already, it’s a good time to review your Medicare coverage and see if it meets your current needs.
Related: Medicare’s Late Enrollment Penalties
Detailed Questions to Ask Yourself About Your Medicare Coverage:
- Am I able to get all the healthcare services I presently need?
- Are all the doctors, health care providers, and specialists I go to within my plan’s network?
- Does my plan’s formulary include the prescription drugs I need?
- Will my present plan still work for me if my health care needs change?
- Can I afford my present plan, considering its deductibles, co-pays, and co-insurances?
- Considering the possibility of a long-term illness, is there a limit to what I would have to pay out-of-pocket?
- Does my present plan pay diligently and on time for whatever they are supposed to?
General Questions to Ask Yourself About Your Medicare Coverage:
In addition to the above considerations concerning your coverage, you should ask yourself these more general questions to assess your overall satisfaction:
- Are my doctor and pharmacy easily accessible, considering my transportation possibilities?
- Can I get my prescription drug refills on time, either in person or by mail?
- Does my Medicare plan have a user-friendly website where I can get the information I need?
- Am I generally happy with my present coverage, or do I feel I need to look into something else that will better fit my situation?
In conclusion, it is important that you ask yourself these questions now, before the Open Enrollment Period closes and you will have to wait to make any needed changes.