Medicare open enrollment started on Monday, which means Medicare recipients have about a month and a half to sign up or change their plan.
Premiums and deductibles for Medicare are set to go up next year, but not by much.
The monthly premium that covers office visits and outpatient procedures will cost $135.50 in 2019. That’s an increase of one $1.50 from the 2018 rates.
During AEP, those who qualify for Medicare can change their Medicare Advantage plans, and those who are on standard Medicare can change the ‘part d’ or drug prescription plans.
The window for changes under the annual election period closes Dec. 7, so those wanting to sign up or make changes have about seven and a half weeks to do it.
Anyone under the age of 65 can change their medical plans during open enrollment which starts Nov.1 and runs through Dec.15.
Remember, the government will not call anyone asking for personal information during enrollment time, so if someone calls asking for a social security or Medicare number, hang up because it’s a scam.