Should You Update Your Medicare Coverage This Open Enrollment Season?
Each fall, Medicare’s Open Enrollment period gives you the opportunity to review, compare, and adjust your health coverage. Yet many people let their plans automatically renew—sometimes missing better benefits or lower costs in the process.
At LynnLeigh & Co., we believe your healthcare decisions should evolve alongside your financial plan. This guide, “Should I Change My Medicare Coverage During Open Enrollment?”, helps you take a proactive look at your current plan and decide if it still aligns with your medical needs, prescription costs, and preferred providers.
Our handout walks you through key considerations, including:
Changes in premiums, copays, or coverage limits
Updates to your prescription drug formulary
Whether your doctors, specialists, or hospitals remain in-network
How a plan change could affect your out-of-pocket costs or future flexibility
Even if you’re happy with your current coverage, reviewing your plan annually ensures you’re not overlooking new opportunities or potential gaps. Medicare Advantage and Part D plans can change every year, and a quick review can help you avoid costly surprises.
As part of our Big Picture Planning approach, we view Medicare as more than just a healthcare decision—it’s a financial strategy. By staying informed and intentional during Open Enrollment, you can better protect your Later Money and enjoy greater confidence in retirement.