3 Things All Medicare-Eligible Seniors Should Do During the Open Enrollment Period
The average adult 65 and older spends more than $22,000 on healthcare each year, according to the Centers for Medicare & Medicaid Services. Not all of this comes out of pocket, but even a fraction of this can be tough on seniors living on a fixed income.
Having the right health insurance coverage can minimize a senior's out-of-pocket costs while still providing the greatest possible coverage. And with Medicare's open enrollment kicking off on Oct. 15 and running through Dec. 7, now is a great time for all Medicare-eligible seniors to give their health insurance plans a closer look.
Here are three steps to take during open enrollment this year.
Source Fool.com