4 Smart Ways Medicare Beneficiaries Are Cutting Prescription Costs

Medicare open enrollment started October 15 and will run through December 7. For many retirees, shopping for coverage during open enrollment is the best chance to keep medical costs down by choosing an insurance plan well-suited to their needs.

But while choosing the right Medicare policy is essential, many seniors will still face at least some out-of-pocket expenses for prescriptions, regardless of what plan they have.

The good news is that there are proven steps for reducing the costs of the medications you may need in your later years. In fact, a new poll conducted by MedicareGuide revealed four key steps current seniors are taking to help minimize their prescription drug expenses. Here's what they are. 

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Source Fool.com