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How to Avoid Mistakes When Choosing Medicare Plans

“A problem well-stated is a problem half solved,” said renowned inventor and businessman Charles F. Kettering. With the number of options, choices and deadlines facing you when making Medicare decisions, it’s not difficult to run into a few problems. In some cases, you may not realize it until it’s too late. So, what are some mistakes when choosing a Medicare plan? Here are five of the most common: Staying the Course Without Reviewing Your Current Medicare Coverage You signed up when you were eligible. That’s good. But inertia can be a dangerous thing. One of the most common mistakes is doing nothing after you’ve signed up for your initial plan. Medicare’s Annual Enrollment Period (AEP) runs mid-October into December so you can adjust your coverage as your needs change. Like your needs, Medicare options change each year, as well as potentially the cost of those options. Are you making good…