Sticking with your Medicare plan this open enrollment season? You could pay a hefty price
Even Medicare beneficiaries happy with their plans should take the opportunity this open enrollment season to comparison shop — and review their current coverage.
“The proliferation of plans has created an increasingly large and complex set of decisions,” Francis said. “It is impossible for an expert to manage without the help of sophisticated tools.” The Biden Administration’s Inflation Reduction Act signed into law earlier this year included provisions for Medicare — some of which will be effective as early as the new year. These updates include an insulin cap of $35 per month for patients, as well as making some vaccine shots, such as the one for shingles, free of charge for beneficiaries.
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