Understanding the Medicare Annual Enrollment Period

Reported about 1 month ago

The Medicare Annual Enrollment Period (AEP) runs from October 15 to December 7, during which seniors must pay attention to notifications about changes to their plans. Notably, recent legislation has significantly lowered the maximum out-of-pocket costs for prescription drugs from $8,000 to $2,000. However, beneficiaries need to review their Annual Notice of Change carefully, as coverage for certain drugs may change. The discussion also includes advice for older adults in the workforce and insights on navigating retirement finances.

Source: YAHOO

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