It’s likely you’ve started hearing chatter about Medicare’s open enrollment period, which begins Sunday and runs through early December.
If you’re like many older Americans, the question is whether you need to do anything.
Put simply, it depends.
“A lot of people won’t need to do a darn thing,” said certified financial planner Hans “John” Scheil, CEO and owner of Cardinal Retirement Planning in Cary, North Carolina.
In basic terms, the enrollment period, which lasts until Dec. 7, is for adding or changing coverage related to Medicare Part C (also known as an Advantage Plan) and Part D (prescription drug coverage).