Medicare is a government-provided health insurance program. It is designed for seniors, which are people who are over the age of 65. However, there are some cases where a person who is under the age of 65 can be provided with Medicare. For example, people with disabilities can get Medicare if they are under the age of 65. People who receive dialysis for kidney failure may also be able to get Medicare.

You have the option of getting Medicare Part A, Medicare Part B, Medicare Part C and Part Medicare D. Part A covers hospital, hospice care and nursing home stays. Medicare B covers doctor's visits and other outpatient services. Medicare Part C is also known as a Medicare Advantage Plan. It is a plan that is offered by a private company that contracts with Medicare. Part D covers prescription drugs.

Open Enrollment

Open Enrollment will take place from October 15 until December 7. It is important to note that plans and costs can change every year. Even if you already have Medicare, you may need to make adjustments in your plan. You have the option of changing your prescription drug plans and healthcare plans.

Make Changes if Needed

Many people have a tendency to forget about health insurance once they select a plan. However, it is always a good idea to review your coverage at least once a year because your needs may change. You will also be able to save money by reviewing your current coverage. You will receive a notice in the mail if you need to make changes in your insurance company.

The package that you get may be thick. However, the key thing that you will need to look at is the Annual Notice of Change. The first few pages of this highlight the key things that you need to understand.

Why you may Not Need to Make Changes

If your current plan overs the medical and prescription drug coverage that you need, then you may not need to change your plan. You may also not need to change your plan if the following apply:

• Your current plans are still being offered.
• Your ongoing medical and prescription needs will be met.
• The tests and procedures that you need to have next year will be covered.
• New medical tests and procedures will be covered.

Why you may Need to Make Changes

If your coverage is changing, then there are several things that you will have to consider before you switch to another plan.

• Premium- If your premium is going to increase by more than 10 percent, then you may want to consider looking at another plan.
• What is the deductible? If your deductible used to be zero, but it has increased, then you may want to consider selecting another plan.
• Prescription drug coverage-If there is a prescription drug that is not covered, then you will need to select another plan.
• Medigap- If you are a senior who does not go to the doctor often, then you may to consider getting rid of a Medigap plan. You can get a Medicare Advantage Plan.

The Bottom Line

It is best to review your current plan before the Open Enrollment period. You may need to make some changes. However, making changes to your plan can help you save a lot of money. If you are interested in getting Medicare, then you will need to compare different plans in order to ensure that you get the best plan for your needs.

How to Enroll in Medicare

If you are interested in enrolling in Medicare, then you will need to visit the Medicare website and create an account. You can also call the Medicare company and apply. It is important to note that you may not be able to get Medicare right after you turn 65. In some cases, people have to wait three months before they get approved. You will also need to have worked at least 10 years before you can get Medicare.

It is also important to remember that the only time that you can enroll in Medicare is during the enrollment period.