Reported 9 days ago
In a discussion about Medicare, expert Philip Moeller emphasizes the importance of timely enrollment and understanding coverage options. He advises prospective enrollees to utilize the Medicare Plan Finder tool to explore available plans based on their specific needs, especially concerning prescription medications. Moeller notes that changes in plans occur annually, making it essential for individuals to reassess their coverage to avoid gaps. He highlights that traditional Medicare typically offers broader options compared to Medicare Advantage plans, which can come with restrictions and prior authorization requirements. Recent policy changes, including the ability for Medicare to negotiate drug prices, aim to alleviate some costs for beneficiaries.
Source: YAHOO