Author - David Armes, CFP®, MBA

Controlling Your Healthcare Costs in Retirement

Controlling Your Healthcare Costs in Retirement

One way that retirees can control their healthcare costs is by using Medicare’s annual enrollment period (November 15- December 31) to make needed changes to their medical and drug coverage. Otherwise, in most cases they will have to wait another year before they can switch plans.

The almost 18 million retirees who are enrolled in Medicare Part D stand-alone plans have perhaps the easiest task during the year-end enrollment period. In one telephone call (800-MEDICARE), they can list the drugs that they take and find the lowest-cost plans. And if they want to change from their current plans, they can …

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