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What you should know about Medicare’s open enrollment

This is an important time of year for every person on Medicare. Medicare’s open enrollment period for prescription drug plans also know as Part D and Medicare Advantage coverage is here.

If you are happy with your current Medigap plan, you still should see what is available for 2015. Many plans are changing and you should check to see what they will cover and how much they cost.

Those who are enrolling this year, should make sure the plan the select is best for their current situation, because your last year’s plan might not be best for you in 2015.

Remember, open enrollment will end on December 7th. After this, you will be locked into your plan for a year.