Medicare open enrollment 2016: Shopping tips

Medicare enrollees can save hundreds of dollars on premiums and out-of-pocket costs by doing a checkup on their coverage in the weeks to come. But few bother to review what they’ve got or make changes.

Medicare’s annual open enrollment period runs from Oct. 15 to Dec. 7 – the period when enrollees can shop for new prescription drug (Part D) or Medicare Advantage coverage. In the video interview below with Morningstar’s Christine Benz, I offer tips for shopping your coverage.

Also see my guides to shopping for Part D and Medicare Advantage here on RetirementRevised.com.

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