With rising inflation threatening to increase the cost of health care in the coming year, one way seniors can manage their expenses is to switch to a different Medicare plan. But though the Medicare enrollment period – which runs each year from October 15th to December 7th – is currently underway, a new survey from private health insurance marketplace eHealth suggests that many seniors haven't reviewed their coverage options. In fact, many don't plan to do so: some 45% of Medicare beneficiaries haven't reviewed their coverage options in the past year, and a full third of respondents say they probably won't.
Even some of those seniors who plan to review their options might miss out on the opportunity, as only 64% of survey respondents are able to accurately say the enrollment period was currently taking place.
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